What is one share of carbon fiber stock worth

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Carbon Fiber, Inc. is expected to pay annual dividends of $4.00, $0, $5.00, and $1.00 a share over the next four years, respectively. After that, the dividend is expected to remain constant. What is one share of Carbon Fiber stock worth today if similar stocks are yielding a 12 percent return?

Reference no: EM131526891

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