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Given Div_0 = $1.50, and cost of capital is 10%, what is the current stock price (in $/share) if the dividend stream is expected to
Given Div_0 = $1.50, and cost of capital is 10%, what is the current stock price (in $/share) if the dividend stream is expected to decline by 2% per year into the foreseeable future?
- A. 18.75
- B. 19.13
- C. 12.50
- D. 12.25
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Risk Management And Financial Institution
Authors: John C. Hull
2nd Edition
0136102956, 9780136102953
