You willing to pay to purchase one share of the stock

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Reference no: EM131512315

Phantron Inc. just paid $1.40 to their shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 2% percent. If you require a 8 percent rate of return, how much are you willing to pay to purchase one share of the stock?

Reference no: EM131512315

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