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What is the current value of the stock after paying dividend

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Reference no: EM132823585

Problem 1: UNT Inc. has just now paid a dividend of $2.50 per share (Div0); its dividends are expected to grow at a constant rate of 4 percent per year forever. If the required rate of return on the stock is 14 percent, what is the current value of the stock, after paying the dividend?

Reference no: EM132823585

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