Business, 13.12.2019 22:31 fireemblam101ovu1gt

Saine corporation will pay a $3.06 per share dividend next year. the company pledges to increase its dividend by 6 percent per year, indefinitely. if you require a return of 12 percent on your investment, how much will you pay for the company’s stock today? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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Saine corporation will pay a $3.06 per share dividend next year. the company pledges to increase its...