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A firm pays a $9.80 dividend at the end of year one (D1), has a stock price of $137, and a constant growth rate (g)
A firm pays a $9.80 dividend at the end of year one (D1), has a stock price of $137, and a constant growth rate (g) of 5 percent. Compute the required rate of return (Ke). (Round your intermediate and final answer to 2 decimal places. Omit the "%" sign in your response.) Rate of return %
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Public Finance An International Perspective
Authors: Joshua E. Greene
1st Edition
9814365041, 978-9814365048
