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Answer is C, please show and explain how to get it! 24, You, Obama, and Jordan believe the current dividend and growth rate is $2
Answer is C, please show and explain how to get it!
24, You, Obama, and Jordan believe the current dividend and growth rate is $2 and 4%. However, you believe the discount rate is 14%, Obama believes it is 9%, Jordan believes it is 8%. What will be the prevailing price if only you three are the market participants? A. $31.58 B. $32.84 C. $41.60 D. $52.00Step by Step Solution
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