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Two stocks, company A1 and company Z2, have the same cost of equity. A1 has a stock price of $60 and will pay a dividend
Two stocks, company A1 and company Z2, have the same cost of equity. A1 has a stock price of $60 and will pay a dividend at the end of the year of $2, and the dividends will grow at 4% rate. What is the price of 1 share of Z2 if they will pay a dividend of $1 at the end of the year that will grow by 5%?
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