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Suppose Clarkson Corp is expected to pay a dividend of $1.85 at the end of the year. If the company and its dividends are growing
Suppose Clarkson Corp is expected to pay a dividend of $1.85 at the end of the year. If the company and its dividends are growing at a relatively constant rate of 3.2% and investors' required return on the stock is 10.5%, what is the value of the stock? $20.86 $26.15 $25.34 $17.59 $18.15
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