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Exxon Mobil Corp recently paid a dividend of $1.31. Analysts expect the company's earnings to grow at the rate of 5% over the next several
Exxon Mobil Corp recently paid a dividend of $1.31. Analysts expect the company's earnings to grow at the rate of 5% over the next several years. Using the constant growth valuation model, estimate the company's stock value if investors require 8.5%.
$39.30 | ||
$37.43 | ||
$28.57 | ||
None of the above |
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