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A stock last paid $2.50 per share in dividend (D0) which is expected to grow at a constant rate of 5%. If the cost of
A stock last paid $2.50 per share in dividend (D0) which is expected to grow at a constant rate of 5%. If the cost of equity is 9%, what is the stocks fair market value?
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
