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If Allied Food Products just paid a dividend of $0.20, and the dividend is expected to grow at a constant rate of 7.3%. What stock
If Allied Food Products just paid a dividend of $0.20, and the dividend is expected to grow at a constant rate of 7.3%. What stock price is consistent with these numbers, assuming an 11.7% required return, and please explain how to calculate in excel?
P0 = $45.95
D0 = $.10
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