Infostra Inc recently paid a dividend of $2.00

Infostra Inc recently paid a dividend of $2.00

Subject: Business    / Finance   
Question
Infostra Inc recently paid a dividend of $2.00 per share. The company's dividends are expected to grow at a constant rate of 6% and the stock's required return is 13%. What is the value of Infostra Inc.'s common stock?

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