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A stock recently paid a dividend of $2.40/share. Required rate of return is 14%. Find price assuming: A) Zero growth B) Constant 10% growth C)
A stock recently paid a dividend of $2.40/share. Required rate of return is 14%. Find price assuming:
A) Zero growth
B) Constant 10% growth
C) Growth of 20% in year one followed by constant 10% growth thereafter
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
