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    Company's stock price

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    Warren Corporation will pay a $3.60 per share divided next year. The company pledges to increase its dividend by 4.5 percent per year indefinitely. If you require a 13 percent return on your investment, how much will you pay for the company's stock today?

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    https://brainmass.com/business/accounting/company-s-stock-price-198864

    Solution Summary

    This discusses the computation of Company's stock price

    $2.19

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