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A stock paid dividend of $2 at the end of the current year. Dividends will grow at the rate of 5% indefinitely. The required rate
A stock paid dividend of $2 at the end of the current year. Dividends will grow at the rate of 5% indefinitely. The required rate of return of the investor is 12%. Calculate the price of the stock at the end of 2nd year. A. $30.00 B. $28.571 C. $33.00 D. $33.075
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Essential Personal Finance A Practical Guide For Students
Authors: Lien Luu, Jonquil Lowe, Jason Butler, Tony Byrne
1st Edition
1138692956, 978-1138692954
