How much will you pay for the companys stock today

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Reference no: EM131175066

Metroplex Corporation will pay a $3.04 per share dividend next year.

The company pledges to increase its dividend by 3.8 percent per year indefinitely.

If your require an 11 percent return on your investment, how much will you pay for the company's stock today?

Reference no: EM131175066

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How much will you pay for the companys stock today : Metroplex Corporation will pay a $3.04 per share dividend next year. -how much will you pay for the company's stock today?

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