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Stacker Weight Loss currently pays an annual year-end dividend of $1.101.10 per share. It plans to increase this dividend by 6.0 %6.0% next year and
Stacker Weight Loss currently pays an annual year-end dividend of
$1.101.10
per share. It plans to increase this dividend by
6.0 %6.0%
next year and maintain it at the new level for the foreseeable future. If the required return on this firm's stock is
13 %13%,
what is the value of Stacker's stock?
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