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Excel Formulas and answers for the blanks please 7.03 Stock Values Take Time Corporation will pay a dividend of $3.65 per share next year. The

Excel Formulas and answers for the blanks please

7.03 Stock Values Take Time Corporation will pay a dividend of $3.65 per share next year. The company pledges to increase its dividend by 5.1 percent per year, Indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company's stock today? Dividend Growth Rate Required Return B Next Dividend 4 5 Current Price 6 8

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