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c. Why should interest rates be generally positive? (3 marks) d. Under what circumstances will the NPV rule give the same decision as the IRR
c. Why should interest rates be generally positive? (3 marks) d. Under what circumstances will the NPV rule give the same decision as the IRR rule? (5 marks) Luther Industries just paid dividends of $4.50 and has a cost of equity capital of 10%. Luther Industries' dividends are expected to grow at a constant rate of 4% pa indefinitely. What is the price of Luther Industries shares? e
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
