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Data for all Dixon Corp. problems are the same. Dixon Corp. just paid out a dividend of $4.50 per share of common stock. Analysts expect
Data for all Dixon Corp. problems are the same. Dixon Corp. just paid out a dividend of $4.50 per share of common stock. Analysts expect the dividend to grow by 17% over the coming three years, and then grow steadily at 5% for the foreseeable future after that. Investors require a return of 8% on this stock. Dixon stock should be selling for _____ today. $216.13 $244.10 $259.46 $208.12 $252.25
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