Business, 16.03.2020 21:11 solikhalifeoy3j1r

Woidtke Manufacturing’s stock currently sells for $22 a share. The stock just paid a dividend of $1.20 a share (i. e., D0 5 $1.20), and the dividend is expected to grow forever at a constant rate of 10% a year. What stock price is expected 1 year from now?

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Woidtke Manufacturing’s stock currently sells for $22 a share. The stock just paid a dividend of $1....