What is teal corps stock price

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Reference no: EM132025307

Teal Corp. has been having trouble. The last dividend was $2.81, and it's projected to fall 4% per year indefinitely.

If the required return is 6%, what is Teal Corp.'s stock price? Teal Corp.'s stock price is $. (Round to the nearest cent.)

Reference no: EM132025307

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