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need help asap 10 A stock is expected to pay a dividend of $2.50 next year. Dividends are expected to grow at an annual rate
need help asap 10
A stock is expected to pay a dividend of $2.50 next year. Dividends are expected to grow at an annual rate of 6%. What is the price of the stock if the required rate of return is 16% ? $20.83 $22.73 $25.00 $27.77 $31.25 Step by Step Solution
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