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Please show work :) What is the value of a share of XYZ Inc. common stock if the company just paid an annual dividend of
Please show work :)
What is the value of a share of XYZ Inc. common stock if the company just paid an annual dividend of $1.10share, the dividend is expected to show at 5% forever and the required rate of return on this stock is 11%! A. SLO.share B. $10.50 share C. $18.33.share D. $19.25/share E. $22.00/shareStep by Step Solution
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