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(constand growth valuation) tresnan brothers is expected to pay a $1.30 per share dividend at the end of the year. the dividend is expected to
(constand growth valuation) tresnan brothers is expected to pay a $1.30 per share dividend at the end of the year. the dividend is expected to grow at a constant rate of 4% a year. the required rate of return on the stock is 8%. what is the Stocks current value per share? round your answer to two decimal places.
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Fundamentals Of Financial Planning
Authors: Michael A Dalton, Joseph Gillice
3rd Edition
1936602091, 9781936602094
