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Lousier Co currently pays no dividend but is expected to pay its first annual dividend of $3.70 per share exactly 9 years from today. After
- Lousier Co currently pays no dividend but is expected to pay its first annual dividend of $3.70 per share exactly 9 years from today. After that, the dividends are expected to grow it 3.1 percent forever.
- If the required return is 10.9 percent, what is the price of the stock today?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
