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19. Ximhua Manufacturing has been generating stable revenues but sees no growth in the foreseeable future. The company's last dividend was $4.75 and it unlikely
19. Ximhua Manufacturing has been generating stable revenues but sees no growth in the foreseeable future. The company's last dividend was $4.75 and it unlikely to change. If the required rate of return is 13%, what is the stock worth? a) $3.64 b) $27.08 c) $36.54 d) $39.00
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