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XYZ Corporation, A mature company, has a required return of 10% per year on its stock. Stock analysts are forecasting that this stock will pay
XYZ Corporation, A mature company, has a required return of 10% per year on its stock. Stock analysts are forecasting that this stock will pay a dividend of $3.00 per share exactly one year from today. The dividend growth rate is expected to be 7% per year. What should be the current per share value of this stock?
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