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Holcombe, Inc. has been losing market share due to technological obsolescence and is expected to have a negative growth rate of 10% during the upcoming
Holcombe, Inc. has been losing market share due to technological obsolescence and is expected to have a negative growth rate of 10% during the upcoming years. Its most recent dividend was $3 per share and its required rate of return is 30%. What price would investors be willing to pay for a share of this stock?
$6.75 | ||
$7.91 | ||
$10.43 | ||
$11.89 |
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