Comet pasta company stock currenly sells for 13750 per, Ask an Expert

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Comet Pasta Company stock currenly sells for $137.50 per share. The Company JUST PAID a dividend and that dividend is not expected to grow at all for the next two years, and then it will grow at a constant rate of 10 percent thereafter. What was the amount of the dividend that was just paid if the required rate of return on the stock is 20 percent.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92767459

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