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QUESTION
Metroplex Corporation will pay a $4.00 per share dividend next year. The company pledges to increase its dividend by 6.00 percent per year...
Metroplex Corporation will pay a $4.00 per share dividend next year. The company pledges to increase its dividend by 6.00 percent per year indefinitelyIf you require an 15.00 percent return on your investment, how much will you pay for the company's stock today?
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