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WPK just paid a dividend of $5 a share and expects dividends to continue growing at...

WPK just paid a dividend of $5 a share and expects dividends to continue growing at 8% annually. Investors require a 15% rate of return on WPK stock. What would you expect WPK stock to sell for?

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Dividens paid (D5 shave ale Price of stock Ke- $5108) 0 15 0 08 top stock to be sold ะ 온 77, 14 /share foy

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