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A stock is trading at $85 per share. The price just paid a $7 dividend and is expexted to grow at some constant rate g
A stock is trading at $85 per share. The price just paid a $7 dividend and is expexted to grow at some constant rate g thoughtout time. The stock required rate of return is 11%. What is your forcecast of growth rate g? 
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
1st Edition
0471169196, 978-0471169192
