Dividend per share-growth is expected to continue

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Waller Co. (WAG) paid a $0.145 dividend per share in 2006, which grew to $0.309 in 2012. This growth is expected to continue.

What is the value of this stock at the beginning of 2013 when the required return is 14.5 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.)

Reference no: EM13909477

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