Find the current value of a share of Peppermint Corporation

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Question - Peppermint Corporation has just paid a cash dividend of $0.8 per share on its common stock.

The dividend is expected to grow by 10 percent per year. Suppose that investors require a 16 percent return from investments similar to that.

Find the current value of a share of Peppermint Corporation.

Reference no: EM132410582

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