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A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for t stock is 54%, and if investors'
A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for t stock is 54%, and if investors' required rate of return is 11.4%, what is the stock price? Select one: O a. $16.28 O b. $16.70 O c. $17.13 O d. $17.57 O e, $18.01 A firm expects to declare a dividend of $1 25, which is expected to growth at a constant 5.5%. If you could purchase the shares for $44.00, what rate of return could you earn? Select one: O a. 8.34% O b 850% O c. 5.50% U d 3.00% e. 7 54%
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