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Goode Inc.'s stock has a required rate of return of 10%, and it sells for $100 per share. Goode's dividend is expected to grow at
Goode Inc.'s stock has a required rate of return of 10%, and it sells for $100 per share. Goode's dividend is expected to grow at a constant rate of 5%. What was the last dividend, D0?
| $9.09 | ||
| $9.52 | ||
| $10.00 | ||
| $4.76 | ||
| $5.00 |
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Public Finance Theory And Practice
Authors: M. Marlow
1st Edition
0030969603, 978-0030969607
