Metroplex Corporation will pay a $5.00 per share dividend next year. The company pledges to increase its dividend by 5.80 percent per year indefinitely. Required:
Metroplex Corporation will pay a $5.00 per share dividend next year. The company pledges to increase its dividend by 5.80 percent per year indefinitely. Required: If you require an 14.60 percent return on your investment, how much will you pay for the company's stock today?
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Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
