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Percy Pondscum & Company currently earns $3.00 per share and currently pays $1.20 per share in dividends. It is expected to have a constant growth
Percy Pondscum & Company currently earns $3.00 per share and currently pays $1.20 per share in dividends. It is expected to have a constant growth rate of 7% per year. The risk free rate of return is 6%, the market risk premium is 3%, and the beta for this company is 1.0. The stock price is OA. $17.14 OB. $40.05 OC. $18.34 OD. $42.86
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