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Analysts have forecasted IDMs dividend next year to be $4.16 per share. The required rate of return is 14.36%. What is the current share price
Analysts have forecasted IDMs dividend next year to be $4.16 per share. The required rate of return is 14.36%. What is the current share price of IDM if dividends are expected to grow at 3.56% per year in the future?
a. $31.97
b. $19.26
c. $38.52
d. $28.97
e. $40.52
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