What is the current price of fidelity corporation stock

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Trans Union Corp just paid its annual dividend of $1.75, today. Dividends for Trans Union Corp are expected to increase by 27.5 percent in year one and 13.8 percent in year 2. After year two, dividends are expected to increase at a rate of 5 percent per year. What is the current price of Trans Union Corp stock? Assume the required rate of return is 10 percent.

Fidelity Corporation has just paid its annual dividend of $5.50, today, and dividends are expected to grow at a rate of 1.5 percent, per year. If the required rate of return is 7 percent, what is the current price of Fidelity Corporation stock?

Reference no: EM131863403

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