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CM Corp. just paid a dividend of $1.20. Dividends are expected to grow at 2,5% indefinately. The required return for CM stock is 13%. What
CM Corp. just paid a dividend of $1.20. Dividends are expected to grow at 2,5% indefinately. The required return for CM stock is 13%. What is the expected price of the stock?
| $13.20 | ||
| $14.47 | ||
| $14.12 | ||
| $13.93 |
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Foundations Of Financial Management
Authors: Stanley Block
8th Canadian Edition
0070965447, 9780070965447
