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Price of Share of the Stock Assignment | Homework For You

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May 22nd, 2020

A matured company just paid a dividend of $6.49 per share yesterday. The company expects its dividends to decline at a steady rate of 3.1 percent per year into the foreseeable future. Investors demand a rate of return of 8.8 percent of this company’s stock. What should one share of the stock sell for today?Get Finance homework help todayHomework For You

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