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15. The next dividend for the Gordon Company will be $4 per share. Investors require a 16% return on firms such as Gordon. Gordon's dividend
15. The next dividend for the Gordon Company will be $4 per share. Investors require a 16% return on firms such as Gordon. Gordon's dividend increases by 6% every year. What is the value of Gordon's stock in 4 years? * [5)
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Financial Statement Analysis
Authors: Martin S. Fridson, Fernando Alvarez
5th Edition
1119457149, 978-1119457145
