A particular stock is currently selling for 3000 per share, Finance Basics

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A particular stock is currently selling for 3000 per share

Question: A particular stock is currently selling for $30.00 per share. An annual dividend of $2.00 per share was paid only moments ago, and it is expected that dividends will grow 4% per year. What is this stock s expected return according to the constant dividend growth model?

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Finance Basics: A particular stock is currently selling for 3000 per share

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