Staal corporation will pay a 254 per share dividend next, Ask an Expert

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Staal Corporation will pay a $2.54 per share dividend next year. The company pledges to increase its dividend by 3.5 percent per year indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company’s stock today?

Stock Price = ?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91586204

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