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A stock pays an annual dividend of $3.25, which you assume will be paid indefinitely. If you require a rate of return of 9% to
A stock pays an annual dividend of $3.25, which you assume will be paid indefinitely. If you require a rate of return of 9% to take on the risk of investing in stocks, what price would you pay for this stock?
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Financial Statement Analysis
Authors: Andrew P.C.
1st Edition
1520985002, 978-1520985008
