What is gold company stock worth to you

Reference no: EM132018698

Question: The next year the common stock of Gold Corp. will pay a dividend of $5.25 per share. If the company is growing at a rate of 2.38 percent per year, and your required rate of return is 11.54 percent, what is Gold's company stock worth to you?

Round the answer to two decimal places.

Reference no: EM132018698

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