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Assume you obtain the following information about a certain company: (Click on the icon located on the top-right corner of the data table below in
Assume you obtain the following information about a certain company: (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Total assets Total equity $52,000,000 $25,085,438 $4,062,529 Net income EPS $4.56 Dividend payout ratio 41% Required return 11.0% Use the constant-growth DVM to place a value on this company's stock. The value of this company's stock is $ (Round to the nearest cent.)
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