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Daniel corporation's common stock currently pays its first dividend of $4.00, and dividends will grow at 6% per year thereafter. Given a required return of
Daniel corporation's common stock currently pays its first dividend of $4.00, and dividends will grow at 6% per year thereafter. Given a required return of 10 percent, but would you pay for the stock today?
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
