Chambers corporations roe is 18 their divedend payout ratio, Ask an Expert

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Chambers Corporation's ROE is 18%. Their divedend payout ratio is 80%. The last divended,just paid, was $2.20. If divedends are expected to grow by the company's internal growth rate indefinately, what is the current value of Chambers common stock if it is required is 20%.

1)$12.89
2)$12.56
3)$15.43
4)$13.90

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