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Business, 15.02.2021 23:20 whitakers87

The common stock of A. G. Tailor has a required return of 16 percent. The latest press release stated that last year's dividend was $0.90 per share and that future dividends will increase by 15 percent for the following 3 years. After that, the dividend growth rate will be 3 percent indefinitely. One share of this stock is worth $. (Provide the answer in $ to two decimal points. Just numbers and decimal point - no currency or other symbols/punctuation.)

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The common stock of A. G. Tailor has a required return of 16 percent. The latest press release state...
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