How much would you be willing to pay for one share of brown, Financial Accounting

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How much would you be willing to pay for one share of brown

Problem

The Brown Company just announced that it will be increasing its annual dividend to $1.68 next year and that future dividends will be increased by 2.5% annually. How much would you be willing to pay for one share of the Brown Company stock if you require a 12% rate of return?

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Financial Accounting: How much would you be willing to pay for one share of brown

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Financial Accounting: How much would you be willing to pay for one share of brown

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