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    Stock value

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    J Lee Imports paid a $1.00 per share annual dividend last week. Dividends are expected to increase by 5% annually. What is one share of this stock worth to you today if the appropriate discount rate is 14%?

    © BrainMass Inc. brainmass.com June 3, 2020, 10:44 pm ad1c9bdddf
    https://brainmass.com/business/accounting-for-corporations/share-stock-worth-246899

    Solution Summary

    This solution shows a step-by-step calculation of a stock's price. See attachment.

    $2.19

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