What is the value of this stock today if the required return

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Reference no: EM131459953

Charleston Tours Inc. just paid a $3.00 dividend and is expected to pay a dividend of $3.20 next year (year 1) and $4.25 the year after (year 2). After that, the firm expects to maintain a constant dividend growth rate of 6% per year. What is the value of this stock today if the required return is 10%?

Reference no: EM131459953

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