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Show work through excel please 3 Five Star Corporation will pay a dividend of $2.70 per share next year. The company pledges to increase its
Show work through excel please
3 Five Star Corporation will pay a dividend of $2.70 per share next year. The company pledges to increase its dividend by 5.5 percent per year indefinitely. If you require a return of 12 percent on your investment, how much will you pay for the company's stock 10/10 today? (Do not round intermediate calculations and round your answer to 2 decimal points awarded places, e.g. 32.16.) Scored Stock price $ 41.54 Step by Step Solution
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