Charlie company is expected to grow at an annual rate of 6


Charlie company is expected to grow at an annual rate of 6% indefinitely. The return on similar stocks is currently 11%. Charlie's board of directors declared a dividend of $1.85 yesterday. What should a share of Charlie company sell for? 

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Finance Basics: Charlie company is expected to grow at an annual rate of 6
Reference No:- TGS01114942

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