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Starbucks company's dividends are declining at an annual rate of 6 percent. The company just paid a dividend of $4 per share. You require a 16...
Starbucks company's dividends are declining at an annual rate of 6 percent. The company just paid a dividend of $4 per share. You require a 16 percent rate of return. How much will you pay for this stock?
$15.33
$17.09
$12.57
$13.85
$19.20
$21.78