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LI a. teammate we expected return to the common stockholders under the lm's present policy, given an expected dividend next year of $2.10 and a
LI a. teammate we expected return to the common stockholders under the lm's present policy, given an expected dividend next year of $2.10 and a growth rate of 7.1 percent. Montgomery's stock currently sells for $35. (Use the dividend growth model): Assume that, if Don Jackson's proposal were adopted, next year's dividend would be zero but earnings growth would rise to 14 percent. What will be the expected return to the stockholders {assuming the other factors are held constantl
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