Xyx company is expected to pay a dividend of 160 per share, Financial Management

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Xyx company is expected to pay a dividend of 160 per share

XYX Company is expected to pay a dividend of $1.60 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. If the required rate of return on the common stock is 10.33% What is the company's current stock price?

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Financial Management: Xyx company is expected to pay a dividend of 160 per share

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Financial Management: Xyx company is expected to pay a dividend of 160 per share

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