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How much are you willing to pay for a stock that would pay $2 per...

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Finance

How much are you willing to pay for a stock that would pay $2 per share in the next yearly dividend with expected market return of 12%, and the stock is expected to be worth $102 one year from now?

Shares of J&J common stocks are currently selling at $30. At what rate the dividend are growing if the market return is at 10% and the last dividend paid was $1.60.

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