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QUESTION
Greshak Corp's common stock just paid a dividend of $4.00 per share. If investors require a 11.50% return on his stock and the expected long-run...
Greshak Corp's common stock just paid a dividend of $4.00 per share. If investors require a 11.50% return on his stock and the expected long-run growth rate for this stock is 3.50%, what is Greshak's stock price?
