A share of common stock just paid a dividend of 151 if the, Ask an Expert

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A share of common stock just paid a dividend of $1.51. If the expected long-run growth rate for this stock is 2.5%, and if investors' required rate of return is 7.4%, what is the stock price?

Express your answer rounded to the nearest dollar, and without the dollar sign. So, if the stock price is $53.43, just enter 53.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91547887

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