What will be the price of a share of stock

Reference no: EM13285936

Marquez Plastics has been paying a $2 dividend each year and company reports indicate that managment intends to continue this dividend payment for the foreseeable future. If the market determined requird rate of return on Marquez's common stock is 11%, what will be the price of a share of stock.

Reference no: EM13285936

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