=+LG 6 E76 Martin International PLC initiated a new corporate strategy that fixes its annual dividend at
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=+LG 6 E7–6 Martin International PLC initiated a new corporate strategy that fixes its annual dividend at £1.40 per share forever. If the risk-free rate is 3% and the risk premium on Martin International’s stock is 7%, what is the value of Martins International’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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