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Financial Management 1 answer below » “Yesterday BrandMart Supplies paid its common stockholders a dividend equal to $3 per share. BrandMart expects to pay a $5 per share one year from today. After the
$5 dividend is paid, the company expects its growth rate will remain constant at 4 percent per year forever. If BrandMart’s investors demand a 12 percent rate of
return, what should be the current market price of the company’s stock?” Jan 10 2014 10:02 AM