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If ZZZ Co pays $3 per share forever and the required rate of return for the stock is 9%, what is the expected price
If ZZZ Co pays $3 per share forever and the required rate of return for the stock is 9%, what is the expected price per share? (Please use at least 5 decimal places and do not use $ symbol in the answer)
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
