What would you pay for a share of this stock

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Question - The Edgar Corporation currently (D0) pays a $2 per share dividend. This dividend is expected to grow at a 20% percent annual rate over the next three years and then to grow at 6% percent per year for the foreseeable future. What would you pay for a share of this stock if you demand a 20 percent rate of return?

Reference no: EM133045990

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