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I expect an equity to pay its annual dividend of $2 per share in exactly one year's time, with dividend growth of 3% per annum
I expect an equity to pay its annual dividend of $2 per share in exactly one year's time, with dividend growth of 3% per annum thereafter. My RRR for this stock is 7.8%. The risk-free rate is 1%. How much should I be willing to pay per share? a. 66.7 b. 25.6 c. 52.6 d. 41.7 e. 34.5
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