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Assume that a share of stock with constant growth expects to pay a dividend ( D 1 ) of $ 2 . 1 0 per
Assume that a share of stock with constant growth expects to pay a dividend of $ per share, has a required rate of return of percent, and has a current price of $ Also assume that the stock's price is in equilibrium so that expected rates are equal to required rates of return. Given this information, determine what percentage of the stocks current price value is derived from the dividends expected to be received in Years
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