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XYZ Corp, whose stock is trading at $32.50 per share, has just paid a quarterly dividend of $1.92 per share after announcing earnings per share
XYZ Corp, whose stock is trading at $32.50 per share, has just paid a quarterly dividend of $1.92 per share after announcing earnings per share of $1.46. a. What is the projected annual dividend yield on the stock? b. If XYZs long-term dividend growth rate is 4% and the required rate of return is 8%, what is the price of the stock suggested by the Gordon Growth Model?
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