(Answered)-8.1 Dividend Growth and Stock Valuation The Brigapenski Co. has just paid a cash dividend of $2...

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8.1        Dividend Growth and Stock Valuation The Brigapenski Co. has just paid a cash dividend of $2 per share. Investors require a 16 percent return from investments such as this. If the dividend is expected to grow at a steady 8 percent per year, what is the current value of the stock? What will the stock be worth in five years?  

 

Solution ID:10137774 | Question answered on 16-Oct-2016

Price : $14.649999999999999
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