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Gentleman Gym just paid its annual dividend of $5 per share, and it is widely expected that the dividend will increase by 5% per year
Gentleman Gym just paid its annual dividend of $5 per share, and it is widely expected that the dividend will increase by 5% per year indefinitely. a. What price should the stock sell at if the discount rate is 15%. Stock price $ b. What price should the stock sell at if the discount rate is 12%. Stock price $
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