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6: NeuroDyne Corporation (NDC) currently has a 100% dividend payout ratio, pays a dividend of $5 per year, and has a Re of 8%. Using
6: NeuroDyne Corporation (NDC) currently has a 100% dividend payout ratio, pays a dividend of $5 per year, and has a Re of 8%. Using the Dividend Discount Model (DDM), what is the price of NDC stock? If NDC reduces its payout ratio to 75% and starts investing in new projects with IRRs of 10%, what will the new stock price be
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