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An analyst has collected the following information regarding Christopher Co.: - The company's capital structure is 70 percent equity, 30 percent debt. - The yield

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An analyst has collected the following information regarding Christopher Co.: - The company's capital structure is 70 percent equity, 30 percent debt. - The yield to maturity on the company's bonds is 4 percent. -The company's year-end dividend (D1) is forecasted to be $0.9 a share. - The company expects that its dividend will grow at a constant rate of 5 percent a year. - The company's stock price is $25. An analyst has collected the following information regarding Christopher Co.: - The company's capital structure is 70 percent equity, 30 percent debt. - The yield to maturity on the company's bonds is 4 percent. -The company's year-end dividend (D1) is forecasted to be $0.9 a share. - The company expects that its dividend will grow at a constant rate of 5 percent a year. - The company's stock price is $25

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