Stacker weight loss currently pays annual year-end dividend

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Stacker Weight Loss currently pays an annual year-end dividend of ?$2.002.00 per share. It plans to increase this dividend by 2.5 % 2.5% next year and maintain it at the new level for the foreseeable future. If the required return on this? firm's stock is 7 % 7%?, what is the value of? Stacker's stock?

Reference no: EM131328956

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