Investors forecast that Viera Corporation will pay a $2.50 per share annual dividend in one year, and after that the div...
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Investors forecast that Viera Corporation will pay a $2.50 per share annual dividend in one year, and after that the dividend will grow at an annual rate of 7% for the foreseeable future. If the investors require a 16% return on Viera stock, what is one share worth?