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1 1 . Dakhan, Inc. manufactures no - inhale cigarettes. As their target customers age and pass on , sales of the product are

11. Dakhan, Inc. manufactures "no-inhale" cigarettes. As their target customers age and pass on, sales of the product are ex pected to decline. Thus, demographics suggest that earnings and dividends wil decline at a rate of 4\deg annually forever. The firm just paida dividend of OMR 7; given a required return is 10%, the price of the stock in 2 years will be:

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