Stacker weight loss currently pays an annual year-end

Reference no: EM13608144

Stacker Weight Loss currently pays an annual year-end dividend of $1.20 per share. It plans to increase this dividend by 5% next year and maintain it at the new level for the foreseeable future. If the required return on the firm's stock is 8%, what is the value of Stacker's stock?

Reference no: EM13608144

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