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17 Tiny Tots Company's annual dividend has been constant for the past sixty years and is currently $3.25 per share. If this dividend is expected
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Tiny Tots Company's annual dividend has been constant for the past sixty years and is currently $3.25 per share. If this dividend is expected to remain constant, one share of the firm's stock: Cannot be valued without a growth rate. ( Is valued as if the dividend paid is a perpetuity. Has a market value equal to the present value of $3.25 paid one year from today. D Is basically worthless as it offers no growth potentialStep by Step Solution
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