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If the company is growing at a rate of 383 percent per year


Finance: Value of Common Stock, Expected Rate of return on Common Stock

Question

The next year the common stock of Gold Corp. will pay a dividend of $5.62 per share. If the company is growing at a rate of 3.83 percent per year, and your required rate of return is 11.21 percent, what is Gold's company stock worth to you?

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Finance Basics: If the company is growing at a rate of 383 percent per year
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