Subject:FinancePrice:2.86 Bought3
Waller Co. paid a $0.149 dividend per share in 2006, which grew to $0.32 in 2012. This growth is expected to continue. What is the value of the stock at the beginning of 2013 when the required return is 14.9 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.)
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