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Indus Motors stock has a required return of 12 percent. The stock currently trades at $70 per share. The year-end dividend, D 1 , is

Indus Motors stock has a required return of 12 percent. The stock currently trades at $70 per share. The year-end dividend, D 1 , is expected to be $3.00 per share. After this payment, the dividend is...

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