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A stock is expected to pay a dividend of $1.55 at the end of the year. The required rate of return is rs = 28.0%,
A stock is expected to pay a dividend of $1.55 at the end of the year. The required rate of return is rs = 28.0%, and the expected constant growth rate is g = 7.0%. What is the stock's current price?
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Finance For Nonfinancial Managers Beginners Handbook For Finance
Authors: Murugesan Ramaswamy
1st Edition
1516973801, 978-1516973804
