White wedding corporation will pay a 305 per share dividend, Ask an Expert

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White Wedding Corporation will pay a $3.05 per share dividend next year. The company pledges to increase its dividend by 5.25 percent per year, indefinitely. If you require an 11 percent return on your investment, how much will you pay for the company's stock today?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92307854

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