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Posted on Jul 24, 2024

If Basalt Hardware plans to pay an annual dividend of 1.68 a share at the end of this year, expects to pay dividends forever and

If Basalt Hardware plans to pay an annual dividend of 1.68 a share at the end of this year, expects to pay dividends forever and expects to increase the dividend by 3.2 percent annually. Stocks similar to Basalt Hardware have an expected return of 13.8 percent. What is the current value of this stock?

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