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Dynamic Industries paid a dividend of $5 on its common stock yesterday. The dividends of Wallace Industries are expected to grow at 10% per year
Dynamic Industries paid a dividend of $5 on its common stock yesterday. The dividends of Wallace Industries are expected to grow at 10% per year indefinitely. If
free rate is 4% and investors' risk premium on this stock is 11%, estimate the value of Wallace Industries stock 3 years from now.
O 5136.84
O 5146.41
O $151.51
O 5164.31
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
