What is value of the common stock-common stock valuation

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(Common stock valuation) Gilliand Motor, Inc., paid a $4.39 dividend last year. If Gilliand’s return on equity is 19 percent, and its retention rate is 28 percent, what is the value of the common stock if the investors require a rate of return of 18 percent?

The value of the common stock is $____.

Reference no: EM13847231

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