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I need help with this question: Better Life Nursing Home has maintained a dividend payment of $4.00 per share for many years. The same dollar
I need help with this question:
Better Life Nursing Home has maintained a dividend payment of $4.00 per share for many years. The same dollar dividend is expected to be paid in future years. If investors require a 12 percent rate of return on investments of similar risk, determine the value of the company's stock.
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