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Chapter 8 Problems eruchurch 253A%252F%252Fimmtheducation.co. Save Help Save & Ex 14 Check my work Problem 8-31 Changes in Growth and Stock Valuation (LG8-5) 5 points

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Chapter 8 Problems eruchurch 253A%252F%252Fimmtheducation.co. Save Help Save & Ex 14 Check my work Problem 8-31 Changes in Growth and Stock Valuation (LG8-5) 5 points Consider a firm that had been priced using a 12 percent growth rate and a 14 percent required return. The firm recently paid a $1.85 dividend. The firm just announced that because of a new joint venture, it will likely grow a 125 percent rate How much should the stock price change in dollars and percentagel? (Round your answers to 2 decimal places.) Skipped eBook Change in stock price Change in stock percent Hint Print References

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