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Assuming a required rate of return (discount rate) of 12%, what is the value of a common share with an expected perpetual stream of annual
Assuming a required rate of return (discount rate) of 12%, what is the value of a common share with an expected perpetual stream of annual dividends, with the first dividend of $2.00 to be received in one year and with all subsequent dividends growing at a rate of 4%?
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