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2. A share of common stock just paid a dividend...

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2. A share of common stock just paid a dividend of $1.00 (D0 = $1.00). If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 11.4%, what is the stock price?

 

Paper#8532 | Written in 18-Jul-2015

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