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If the required rate of return on this stock is 12 compute

Bloomz Co. just paid a dividend of $1.85 on its common stock. This company's dividends are expected to grow at a constant rate of 3.5% indefinitely. If the required rate of return on this stock is 12%, compute the current value of per share of Bloomz stock.

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Finance Basics: If the required rate of return on this stock is 12 compute

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Finance Basics: If the required rate of return on this stock is 12 compute

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