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    Company's stock price

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    Listen Close Co. is expected to maintain a constant 6.5 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 3.6 percent, what is the required on the company's stock?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:52 pm ad1c9bdddf
    https://brainmass.com/business/business-math/computing-company-stock-price-303938

    Solution Summary

    Response provides steps to compute company's stock price.

    $2.19

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