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    Value of a share of stock

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    Micro, Inc. will pay a dividend of $2.30 per share next year. If the company plans to increase its dividend by 9% per year indefinitely, and you require a 12% return on your investment, what should you pay for the company's stock?

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    https://brainmass.com/business/accounting-for-corporations/solving-the-value-of-a-share-of-stock-256038

    Solution Summary

    The solution explains how to calculate the value of a share of stock.

    $2.19

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