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Posted: **Sat Jul 02, 2022 10:22 pm**

: A Company Is Expected To Pay A Dividend Of 1 20 Per Share Every Year Indefinitely The Current Price Of The Stock Is 1 1 (52.02 KiB) Viewed 11 times

A company is expected to pay a dividend of $1.20 per share every year indefinitely. The current price of the stock is $18.90. If the required return is 7.20%, what price would an investor be expected to pay for a single share in five years? $16.67 $14.62 $15.19 $18.90 $17.29