Stock price using the dividend growth model what price, Financial Management

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Stock price using the dividend growth model what price

Stock Price Using the Dividend Growth Model

Elementary Inc. currently pays a dividend of $1 per year. Investors expect the divid to grow, 1 % per year and require a 4% return to invest in this stock. What price should stockholders pay for a share of this stock?

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Financial Management: Stock price using the dividend growth model what price

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