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Question 21 1 pts Plante Corporation pays a dividend of $1.96 per year, which is expected to grow at a rate of 4% per year.
Question 21 1 pts Plante Corporation pays a dividend of $1.96 per year, which is expected to grow at a rate of 4% per year. Plante has a cost of capital of 11%, and an EPS of $267. Its competitor, Hull Inc, pays a yearly dividend of $1.25 per year, which is expected to grow at arate of 6% per year. Hull has an EPS of $6.68. What would be the expected price of Hull stock. If estimated using the method of comparables? Round to 2 decimal places. Le 1.00 for $1.00 per share
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