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Constant growth valuation: CAPM Henderson Industries is expected to pay a year-end dividend of $2.50 per share (i.e. D 1 = $2.50), and that dividend

Constant growth valuation: CAPM Henderson Industries is expected to pay a year-end dividend of $2.50 per share (i.e. D 1 = $2.50), and that dividend is expected to grow at a constant rate of 2.00% p...

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