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28. The stock of the company you have invested in sells at 70$/share. The total return you will be able to achieve comes from both

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28. The stock of the company you have invested in sells at 70$/share. The total return you will be able to achieve comes from both the capital gains and divided yield. The company has stated that it will keep the same constant growth rate in its dividends. If your required rate of return is 10%, what is the current divided per share of this company? DE (7 Points) Solve this Exercise in handwriting and upload the solution on the other Assignment. IN Enter your answer 29. Metal Engineering Corp is growing quickly and its dividends are expected to grow at a rate of 15% for the next three years, with the growth rate falling off to a constant 7.5 percent thereafter. if the required return is 10% and the company just paid a dividend of $1.45, what is the current share price? (10 Points) Solve this Exercise in handwriting and upload the solution on the other Assignment Enter your

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