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please explain! 18. The CV Company has stock that currently pays a dividend of $1 per share. The company is mature and has no growth
please explain!
18. The CV Company has stock that currently pays a dividend of $1 per share. The company is mature and has no growth plans such that the dividend will never change from its current level. CV's stock is $5 per share. Using the perpetuity model, which of the following comes closest to CV's required rate of return? A. 12.50% B. 15.75% C. 20.00% D. 16.67% E. 14.29% Step by Step Solution
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