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Blitzcoin is a mature company experiencing a constant growth rate of 5%. The firm has just paid a dividend of $2 (that is, D 0
Blitzcoin is a mature company experiencing a constant growth rate of 5%. The firm has just paid a dividend of $2 (that is, D0 = $2). Investors require a 10% rate of return on their stock. What is the firms stock price today?
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