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Stock Price Assignment | Homework For You

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June 2nd, 2020

Question 2 (2 points) Sky High Co. just paid a dividend of $4.0 per share on its stock (Do). The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. If investors require an 11.5 percent return on Sky High Co. stock, the stock price in 7 years should be $ Round it to two decimal places, and do not include the $ sign, e.g., 23.56.Get Finance homework help today Homework For You

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