Problemmetroplex corporation will pay a 380 per share, Ask an Expert

Finance

Problem:

Metroplex Corporation will pay a $3.80 per share dividend next year. The company pledges to increase its dividend by 3.0 percent per year indefinitely. If you require an 11.9 percent return on your investment, you will pay $___________ for the company's stock today.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147226

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