Good Idea Inc Just Paid An Annual Dividend Of 2 80 A Share And Is Expected To In

Good Idea Inc just paid an annual dividend of $2.80 a share and is expected to increase that amount by 4 percent per year. If you are planning to buy 1,000 shares of this stock next year, how much should you expect to pay per share if the market rate of return for this type of security is 11.50 percent at the time of your purchase?

Good Idea Inc just paid an annual dividend of $2.80 a share and is expected to increase that amount by 4 percent per year. If you are planning tobuy 1,000 shares of this stock next year, how much…

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