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A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs=10.5%, and the
A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs=10.5%, and the expected constant growth rate is g=10%. What is the stock's current price?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
978-0077398194
