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6.) A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if
6.) A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 14.7%, then what is the stock price?
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
