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A share of common stock has just paid a dividend of $ 1.80. If the expected long-run growth rate for this stock is 7 percent,
A share of common stock has just paid a dividend of $ 1.80. If the expected long-run growth rate for this stock is 7 percent, and if investors require an 12 percent rate of return, what is the price of the stock? PLEASE SHOW ALL WORK THANKS
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The Public Private Partnership Handbook
Authors: Malcolm Morley
1st Edition
0749474262, 978-0749474263
