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Other Homework Help. UMGC The Next Year Common Stock of Silver Corp Dividends & Rate of Return Exercise

 

The next year the common stock of Silver Corp. will pay a dividend of $9.64 per share. If the company is growing at a rate of 4.69 percent per year, and your required rate of return is 10.39 percent, what is Silver’s company stock worth to you? Round the answer to two decimal places.

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