Xinhua manufacturing company has been generating stable, Ask an Expert

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Xinhua Manufacturing Company has been generating stable revenues but sees no growth in it for the foreseeable future. The company's last dividend was $3.25, and it is unlikely to change the amount paid out. If the required rate of return is 12 percent, what is the stock worth today? (Round to the nearest dollar.)

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Financial Management, Finance

Category:- Financial Management
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