15. A company's share is currently selling at 760. The company, in the past, paid a constant...
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15. A company's share is currently selling at 760. The company, in the past, paid a constant dividend of 1.50 per share, but it is now expected to grow at 10 per cent compound rate over a very long period. Should the share be purchased if required rate of return is 12 per cent?
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