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Goode Inc.'s stock has a required rate of return of 11%, and it sells for $122 per share. Goode's dividend is expected to grow at
Goode Inc.'s stock has a required rate of return of 11%, and it sells for $122 per share. Goode's dividend is expected to grow at a constant rate of 5.8%. What is the next expected dividend, D1?
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
