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Casino Inc. is just paid a dividend of $4 per share and these dividends are expected to grow at a constant rate of 7% per
Casino Inc. is just paid a dividend of $4 per share and these dividends are expected to grow at a constant rate of 7% per year forever. If the required rate of return on the stock is 18%, what is current value of the stock today?
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
