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Posted on Aug 07, 2024

If the return on equity for a firm is 1 6 % and the next dividend will be $ 1 . 5 2 per share.

If the return on equity for a firm is

16 %

and the next dividend will be $

1.52

per share. What is the value of the firm's stock today? The company will increase its dividend by

5.1 %

forever.

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