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Fin 305 Chapter 8 question 2 Financial analysts forecast Safeco Corp.s (SAF) growth rate for the future to be 12 percent. Safecos recent dividend was

Fin 305

Chapter 8 question 2

Financial analysts forecast Safeco Corp.s (SAF) growth rate for the future to be 12 percent. Safecos recent dividend was $1.60.

What is the value of Safeco stock when the required return is 14 percent?

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