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Weldon Corp has just paid a dividend of $3 per share and you are now considering purchasing this stock . Analysts have estimated that Weldon's
Weldon Corp has just paid a dividend of $3 per share and you are now considering purchasing this stock . Analysts have estimated that Weldon's dividend will grow at 4 % per year in perpetuity . Given the riskiness of weldon stock , shareholders required rate of return is 8 % . What should you be willing to pay for Weldon stock ?
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