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ITT just paid a dividend of $2.40 a share and this dividend is expected to grow at a rate of 4 percent per year forever.
ITT just paid a dividend of $2.40 a share and this dividend is expected to grow at a rate of 4 percent per year forever. What price would you expect to pay for a share of ITT stock today if the required rate of return is 15%
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
