How much are you willing to pay for one share of this stock

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Reference no: EM131969266

Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $2.00 a share.

The company has promised to maintain a constant dividend. How much are you willing to pay for one share of this stock if you want to earn 12% return on your equity investments?

Reference no: EM131969266

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