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Gentleman Gym just paid its annual dividend of ( $ 3 ) per share, and it is widely expected that the dividend
Gentleman Gym just paid its annual dividend of $ per share, and it is widely expected that the dividend will increase by per year indefinitely. a What price should the stock sell at if the discount rate is Note: Do not round intermediate calculations. Round your answer to decimal places. b What price should the stock sell at if the discount rate is Note: Do not round intermediate calculations. Round your answer to decimal places.
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