Woidtke manufacturings stock currently sells for 30 a share, Ask an Expert

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Woidtke Manufacturing's stock currently sells for $30 a share. The stock just paid a dividend of $2.00 a share (i.e., D0 = $2.00), and the dividend is expected to grow forever at a constant rate of 7% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent.

What is the estimated required rate of return on Woidtke's stock? Round the answer to three decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91418784

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