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A company expects to pay a dividend of $3.50 per share next year. If the required return is 8% and the growth rate of dividends
A company expects to pay a dividend of $3.50 per share next year. If the required return is 8% and the growth rate of dividends is 2%, what is the intrinsic value of the stock?
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Corporate Financial Management
Authors: Glen Arnold
5th edition
978-1292178066, 129217806X, 273758837, 978-0273758839
