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My Company is expected to pay a dividend of $2.80 per year indefinitely.The appropriate rate of return on this stock is 10 percent per year,
My Company is expected to pay a dividend of $2.80 per year indefinitely.The appropriate rate of return on this stock is 10 percent per year, and the stock consistently goes ex-dividend 30 days before dividend payment date. What are the minimum and maximum stock prices?
Minimum stock price
Maximum stock price
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