March inc recently paid a dividend of 580 per share the, Financial Management

March inc recently paid a dividend of 580 per share the

March, Inc., recently paid a dividend of $5.80 per share. The dividend on March’s stock is expected to grow at a rate of 6% per year forever. Your required rate of return on March’s is 11.5%.

How much would you be willing to pay for March’s stock today?

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Financial Management: March inc recently paid a dividend of 580 per share the

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Financial Management: March inc recently paid a dividend of 580 per share the

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