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Finally, assume that Bon Tempss earnings and dividends are expected to decline at a constant rate of 4% per year, that is, g = -4%.
Finally, assume that Bon Tempss earnings and dividends are expected to decline at a constant rate of 4% per year, that is, g = -4%. Why would anyone be willing to buy such a stock, and at what price should it sell? (11) What is the price and capital gains yields in each year
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