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i need solution!! ASAP 129 130 4. GOV's major competitor, Vote, Vote, Vote Your Voice, Inc. (VOTE) has a long term growth rate estimated to
i need solution!! ASAP
129 130 4. GOV's major competitor, Vote, Vote, Vote Your Voice, Inc. (VOTE) has a long term growth rate estimated to be 4.0%. VOTE's net income 131 is $500,000 and there are 400,000 shares outstanding. VOTE has no debt and all of it's income is paid to shareholders in the form of dividends. 132 Assume VOTE has a 17.5% cost of capital. 133 What do you think it's stock should be valued at today? (10 pts) 134Step by Step Solution
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