Problemnynet inc paid a dividend of 441 last year the, Ask an Expert

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Problem:

Nynet, Inc., paid a dividend of $4.41 last year. The company's management does not expect to increase its dividend in the foreseeable future.

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Question: If the required rate of return is 15.5 percent, what is the current value of the stock?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170622

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