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Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $13, but management expects to reduce the payout by 10
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $13, but management expects to reduce the payout by 10 percent per year indefinitely. If you require a return of 17 percent on this stock, what will you pay for a share today? Multiple Choice $42.90 O $167.14 O $43.77 O $43.33 $48.15 O
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