Arvil synchronistics will pay a dividend of 120 per share, Financial Management

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Arvil synchronistics will pay a dividend of 120 per share

Arvil Synchronistics will pay a dividend of 1.20 per share this year. It is expected that this dividend will grow by 3% each year in the future. What will be the current value of a single share of Avril's stock if the firm's equity cost of capital is 16%?

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Financial Management: Arvil synchronistics will pay a dividend of 120 per share

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