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9-2 CONSTANT GROWTH VALUATION Tres an Brothers is expected to pay a $2.60 per share dividend at the end of the year (i.e., D1 $2.60).
9-2 CONSTANT GROWTH VALUATION Tres an Brothers is expected to pay a $2.60 per share dividend at the end of the year (i.e., D1 $2.60). The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock, rs, is 15%. What is the stocks current value per share
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