=+LG 4 E75 Hills Ltd. has just announced a dividend of 2.50 per share for the year.
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=+LG 4 E7–5 Hills Ltd. has just announced a dividend of €2.50 per share for the year. It plans to increase this dividend by 5% next year and maintain it at the new level for the foreseeable future. If the required return on this firm’s stock is 10%, what is the value of Hills’s stock?
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Related Book For
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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