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$1.00 Over the past 5 years, the dividends of the Gamma Corporation have grown from $0.70 per share to the current level of $1
- From Economics: Financial-Markets
- Closed, but you can still post tutorials
- Due on Nov. 19, 2008
- Asked on Nov. 19, 2008 at 10:35:25AM
Q:Over the past 5 years, the dividends of the Gamma Corporation have grown from $0.70 per share to the current level of $1.30 per share. This growth rate is expected to continue for the foreseeable future. What is the value of a share of Gamma Corporation common stock to an investor who requires a 20 percent return on an investment?
