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Post It Inc. is expected to pay a per share dividend at the end of the year = 7$ The dividend is expected to grow
Post It Inc. is expected to pay a per share dividend at the end of the year = 7$
The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock is 12%.
What is the stocks current value per share? Round to the nearest penny.
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