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A firm's dividend per share in the most recent year is $4 and is expected to grow at 6% per year forever. If its shareholders
A firm's dividend per share in the most recent year is $4 and is expected to grow at 6% per year forever. If its shareholders require a return of 14%, the value of the firm's stock (per share) using the single-stage dividend discount model (DDM) is: Select one: a $53 6.847 $23
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