(20pt) Find the current market value of a stock whose dividends grow at a constant rate...
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(20pt) Find the current market value of a stock whose dividends grow at a constant rate of 10%. This year's dividend is announced to be $1 per share and the required return is 13%. (20pt) Find the current market value of a stock whose dividends grow at a constant rate of 10%. This year's dividend is announced to be $1 per share and the required return is 13%.
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