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Nyeil, Inc., is a consumer products firm that is growing at a constant rate of 7.0 percent. The firms last dividend was $3.36. If the
Nyeil, Inc., is a consumer products firm that is growing at a constant rate of 7.0 percent. The firms last dividend was $3.36. If the required rate of return is 16.5 percent, what is the market value of this stock if dividends grow at the same rate as the firm?
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