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Antiques R Us is a mature manufacturing firm. The company just paid a dividend of n $11, but management expects to reduce the payout by
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of n $11, but management expects to reduce the payout by 8 percent per year indefinitely. If you require a return of 16 percent on this stock, what will you pay for a share today? Multiple Choice O $45.83 O $126.50 $42.17 O $41.75 O $42.59
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