What is the stock price for each of the stock

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Stock C is expected to pay a dividend of $5.80 next year. Thereafter, dividend growth is expected to be 19.00% a year for five years (i.e., years 2 through 6) and zero thereafter.

If the market capitalization rate for each stock is 9.00%, what is the stock price for each of the stock C?

Reference no: EM131992608

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