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Gamma Corporation is a mature firm. The company paid a dividend of $ 5 , and it will grow at 1 0 % for the
Gamma Corporation is a mature firm. The company paid a dividend of $ and it will grow at for the next two years. After two years from now, the management expects to reduce the payout by per year for the indefinite future. If you require a return of percent on this stock, what will you pay for a share today?
A
$
B
$
C
$
D
$
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