What should the stock sell for if required rate of return

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The law firm of Nab-bem and Robb is considering selling stock. It has past dividends of 2011 - $1.15, 2012 - $1.27, 2013 - $1.38, 2014 - $1.47. What should the stock sell for if the required rate of return is 12%?

Reference no: EM131081484

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