Current trading price of the stock

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A stock has the required rate of return at 16%. The most recent dividend paid D0 = $2.00 and the expected dividend growth rate g = 10%. What's the first dividend expected to pay at the end of this year? What's the estimated value of the stock?

if the current trading price of the stock on the stock market is $22.28 per share, we should give a _____ recommendation to the stock.

Reference no: EM132679103

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