Determine value of verizon common stock to investor

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Problem: Over the past 5 years, the dividends of Verizon have grown from $2.50 to $5.25 per share. Determine the value of Verizon's common stock to an investor who requires a 19% rate of return, assuming that dividends continue growing at the same rate as they grew over the past 5 years.

Reference no: EM132421275

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