Semi-annual Dividends The Belgian food group Delhaize has just paid a dividend of 1.08. If the annual
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Semi-annual Dividends The Belgian food group Delhaize has just paid a dividend of €1.08. If the annual discount rate on Delhaize shares is 8 per cent and the dividend is expected to grow at 3 per cent per year, what is the current share price of Delhaize?
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