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Answer. Please show your Variables that you use to get the ANSWER Avacados Inc just paid their annual dividend of S1.20 per share. They are
Answer. Please show your Variables that you use to get the ANSWER
Avacados Inc just paid their annual dividend of S1.20 per share. They are projecting dividends of S1.35, S1.50,and S1.75 over the next three years. Then the company expects a constant dividend growth rate
of 3%. What is the maximum amount you are willing to pay for one share of this stock if your required return is 10 percent?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
