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The Vancouver Whitecaps FC Co. currently pay a dividend of $1.00/share. The dividend is expected to grow at a 5% rate for the next 2
The Vancouver Whitecaps FC Co. currently pay a dividend of $1.00/share. The dividend is expected to grow at a 5% rate for the next 2 years and the shares are expected to trade at a 2% yield at the end of the 2-year period. If an investor requires 10% return on Vancouver Whitecaps FC Co. shares, how much would the investor be willing to pay for the stock?
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