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Forever 21 has just paid an annual dividend of $27.57 per share. The dividend is expected to grow by 3% per year. The required rate
Forever 21 has just paid an annual dividend of $27.57 per share. The dividend is expected to grow by 3% per year. The required rate of return is 11%. Attempt 1/10 for 10 pts. What is the current stock price of Forever 21? Attempt 1/10 for 10 pts. Urban Outfitters is considering taking over Forever 21. Due to synergies, Forever 21 's dividends are expected to grow by 7% per year. What is the maximum that Urban Outfitters is willing to pay for each share of Forever 21
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