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If a $100 stock has earnings of $5 per year, and the appropriate cost of capital for this stock is 11% per year, what does
If a $100 stock has earnings of $5 per year, and the appropriate cost of capital for this stock is 11% per year, what does the market expect the firm's as if eternal dividends to grow at?
If a $100 stock has earnings of $5 per year, and the appropriate cost of capital for this stock is 11% per ye expect the firm's "as-if-eternal dividends" to grow at? 5% 6% 7% 12% Step by Step Solution
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