Xyz company paid a dividend of 466 in the past 12 months, Ask an Expert

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XYZ company paid a dividend of $4.66 in the past 12 months. The annual dividend growth rate is 6.93 percent, and the required rate of return on the stock is 10.25 percent. Calculate the current price of the stock. Do not use a financial calculator or an online calculator. You must show your work.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92318215

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