The last dividend on Spirex Corporation's common stock was $5.00, and the expected growth rate is 13
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Question:
The last dividend on Spirex Corporation's common stock was $5.00, and the expected growth rate is 13 percent. If you require a rate retum of 17 percent what is the highest price you should be willing to pay for this stock?
$147.25
129.75
142.94
$141.25
137.25
Expert Answer:
Posted Date:
