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Natalie estimates the appropriate discount rate for National Oilwell stock is 5.10%. If its next dividend will be $3.50 and these dividends are expected to
Natalie estimates the appropriate discount rate for National Oilwell stock is 5.10%. If its next dividend will be $3.50 and these dividends are expected to grow by 0.70% forever, how much is she willing to pay for a share of National Oilwell stock?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
