What is value of a share of gamma corporation common stock

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Over the past five years, the dividends of the Gamma Corporation have grown from $0.70 per share to the current level of $1.30 per share (D0). This growth rate (computed to 1/10 of 1 percent accuracy) is expected to continue for the foreseeable future.

What is the value of a share of Gamma Corporation common stock to an investor who requires a 20 percent return on her investment?

Reference no: EM131338521

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