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Example-1 Suppose Big D, Inc., just paid a dividend of $0.50 per share. It is expected to increase its dividend by 2% per year. If

Example-1 Suppose Big D, Inc., just paid a dividend of $0.50 per share. It is expected to increase its dividend by 2% per year. If the market requires a return of 15% on assets of this risk, how much should the stock be selling for

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