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Please solve by referencing to the excel cells when solving for the Price formula, thank you! ells Eding Formatting. Table Styles . Clipboard Font Styles

Please solve by referencing to the excel cells when solving for the Price formula, thank you!

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ells Eding Formatting. Table" Styles . Clipboard Font Styles C2 Xf Staal Corporation will pay a $3.40 per share dividend next year. The company Staal Corporation will pay a $3.40 per share dividend next year. The company pledges to increase its dividend by 4.5 percent per year indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company's stock today? 4 Dividend next year $ Dividend growth rate Required return 3.40 4.50% 11% 10 Complete the following analysis. Do not hard code values in your calculations. 12 13 14 15 16 17 Price

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