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e. e 300 C 58 (LO 7.3) Larch Foods Inc.'s current dividend is $5. Dividends are expected to decline by 4 percent per year
e. e 300 C 58 (LO 7.3) Larch Foods Inc.'s current dividend is $5. Dividends are expected to decline by 4 percent per year for the next three years, and then remain constant thereafter. The required rate of return for this 44 type of company is 12 percent. What is the current stock price for Larch Foods?
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
