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Business, 01.01.2021 22:10 Jasoncookies23

4pass Inc. just paid an annual dividend of $1.12. The company follows a dividend policy that raises dividends annually at a rate of 4% (and expects this rate to go forever). The required rate of return is 13%. What is today's stock price?

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4pass Inc. just paid an annual dividend of $1.12. The company follows a dividend policy that raises...
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