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An issue of common stock is selling for $57.40. The year end dividend is expected to be $3.45 assuming a constant growth rate of 10%.
An issue of common stock is selling for $57.40. The year end dividend is expected to be $3.45 assuming a constant growth rate of 10%. What is the required rate of return?
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Governmental Accounting Auditing And Financial Reporting
Authors: Michele Mark Levine, Todd Buikema
10th Edition
0891250107, 978-0891250104
