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Nyeil is a consumer products firm that is growing at a constant rate of 6.5 percent. The firms last dividend was R3.36. If the required
Nyeil is a consumer products firm that is growing at a constant rate of 6.5 percent. The firms last dividend was R3.36. If the required rate of return is 18 percent, what is the market value of this stock if dividends grow at the same rate as the firm?
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