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Assume that Bon Temps earnings and dividends are expected to decline by a constant 6% per yearthat is, g = 26%. Why might someone be
- Assume that Bon Temps earnings and dividends are expected to decline by a constant 6% per yearthat is, g = 26%. Why might someone be willing to buy such a stock, and at what price should it sell? What would be the dividend yield and capital gains yield in each year?
I'm really struggling with this unit. Can you please leave a detailed explanation showing how you get the answer?
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