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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 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 10.5%, and the expected constant growth rate is 6.0%. What is the stock's current price?
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann
8th Edition
0071768467, 978-0071768467
