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Common shares in Sarah Corporation pay a dividend of $1.25 annually, D1. The dividend grows at an annual rate of 5%. Find the price of
Common shares in Sarah Corporation pay a dividend of $1.25 annually, D1. The dividend grows at an annual rate of 5%. Find the price of the shares if investors require a 12% rate of return.
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
5th Edition
0134734203, 978-0134734200
