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We'Re In Stock Inc. has just announced its plans to pay a $ 3 . 8 dividend on each share of its stock in one
We'Re In Stock Inc. has just announced its plans to pay a $ dividend on each share of its stock in one year. The company managers announced to their investors of their plan to continue growing which would allow the company to pay future dividends that will be increasing at a stable annual rate. The required rate of return for this company is
Calculate what today's stock price should be
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