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This ques Assume Highline Company has just paid an annual dividend of $1.04. Analysts are predicting an 10.7% per year growth rate in eamings over

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This ques Assume Highline Company has just paid an annual dividend of $1.04. Analysts are predicting an 10.7% per year growth rate in eamings over the next five years. After Industry average of 4.9% per year. If Highline's equity cost of capital is 9.2% per year and its dividend payout ratio remains constant, for what price does the divident CO The value of Highline's stock is $ (Round to the nearest cent)

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