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HP just paid a $4 dividend. We expect the company to grow its dividends by 6% per year indefinitely. The stock is currently selling for
HP just paid a $4 dividend. We expect the company to grow its dividends by 6% per year indefinitely. The stock is currently selling for $40 per share. What is the expected % return from this stock for an investor? Should the investor buy the stock if he requires a 13% annual return?
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