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A stock just paid an annual dividend of $15 per share, dividend is expected to grow at 1.5% indefinitely, and required rate of return is
A stock just paid an annual dividend of $15 per share, dividend is expected to grow at 1.5% indefinitely, and required rate of return is 15%. What is the value of this stock?
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
