2. Rothstein Corporation is just about to pay a dividend of $3.00 per share. Investors anticipate that

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2. Rothstein Corporation is just about to pay a dividend of $3.00 per share. Investors anticipate that the annual dividend will rise by 6 percent a year forever. The applicable interest rate is 11 percent. What is the price of the stock today?

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 26, 2024 02:00 AM

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2. Rothstein Corporation is just about to pay a dividend of $3.00 per share. Investors anticipate that

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Corporate Finance

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