Dividends Assignment | Professional Writing
May 21st, 2020
Hooli Corp. will pay an annual dividend of $3.60 per share this year, and it is expected that these dividend payments will continue indefinitely and grow at a constant rate of 4 percent.
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Dividends Assignment | Professional Writing
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If the required rate of return on the company’s stock is 6.6 percent, what should be the current price per share? (Provide your answer as a number with two decimal points.)
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