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use financial calculator please You are interested in investing in a company that expects to grow steadily at an annual rate of 8 percent for
use financial calculator please
You are interested in investing in a company that expects to grow steadily at an annual rate of 8 percent for the foreseeable future. The firm paid a dividend of $1.80 last year. If your required rate of return is 13 percent, what is the most you would be willing to pay for this stock? (Round to the nearest dollar.)Step by Step Solution
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