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A stock will pay a dividend of $8 in one year and increase 10% every year after that. Its required rate of return is 16%.
A stock will pay a dividend of $8 in one year and increase 10% every year after that. Its required rate of return is 16%. What is the value of the stock?
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Analysis For Financial Management
Authors: Robert C. Higgins
12th International Edition
1260091910, 9781260091915
