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Bon Temps, a constant growth company, has dividends at $2.00, with a constant growth rate at 6 percent. The company was paid a recent dividend
Bon Temps, a constant growth company, has dividends at $2.00, with a constant growth rate at 6 percent. The company was paid a recent dividend in the amount of .12 (2.00 x .06 = .12). What is the appropriate rate of return for Bon Temps stock at 16 percent?
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