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What should a share of organic growers sell for today

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Reference no: EM131570858

Organic Growers Inc. recently paid a dividend of $1.75 per share. The company's dividend is expected to grow at a constant rate of 2% for the foreseeable future. The rate of return on stocks similar to Organic Growers is about 12%. What should a share of Organic Growers sell for today?

Reference no: EM131570858

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