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A stock is expected to pay $1.70 per share every year indefinitely and the equity cost of capital for the company is 8.2%. What price
A stock is expected to pay $1.70 per share every year indefinitely and the equity cost of capital for the company is 8.2%. What price would an investor be expected to pay per share ten years in the future?
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Corporate Financial Management
Authors: Glen Arnold
4th Edition
0273719068, 978-0273719069
