31. A firm pays a $4.90 dividend at the end of year one (Dj), has a stock...

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31. A firm pays a $4.90 dividend at the end of year one (Dj), has a stock price of

$70, and a constant growth rate (g) of 6 percent. Compute the required rate of return.

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Foundations Of Financial Management

ISBN: 9780073382388

13th Edition

Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen

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