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A Corporation will pay a dividend of $3.85 per share next year. The company pledges to increase its dividend by 11.1 percent per year, indefinitely.
A Corporation will pay a dividend of $3.85 per share next year. The company pledges to increase its dividend by 11.1 percent per year, indefinitely. If you require a return of 21 percent on your investment, how much will you pay for the company's stock today? Select one: a $0,38 b.$38.12 c.$38.89 d $3.85
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International Finance Theory And Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J Melitz,
11th Edition
013451954X, 9780134519548
