What is the value of this stock at the beginning

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Waller Co. (WAG) paid a $0.164 dividend per share in 2003, which grew to $0.420 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 14.0 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.)

Reference no: EM13724986

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