Last year artworks inc paid a dividend of 350 you, Ask an Expert

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Last year Artworks, Inc. paid a dividend of $3.50. You anticipatethat the company's growth rate is 10 percent and have a required rate of return of 15 percent for this type of equity investment. What is the maximum price you would be willing to pay for the stock?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797441

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