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Assume that shareholder's required rate of return ( r ) is 7 % . Dr . Pepper is expected to pay a dividend of $
Assume that shareholder's required rate of return r is Dr Pepper is expected to pay a dividend of $ per share D next year. Moreover, investors expect dividends to grow at a constant rate of per year g According to the Dividend Discount Model, what should be the current price per share of Dr Pepper?
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