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Please show all steps and write them out. NO EXCEL. Blue Sky's dividends per share are expected to grow at 5% a year indefinitely. If
Please show all steps and write them out. NO EXCEL.
Blue Sky's dividends per share are expected to grow at 5% a year indefinitely. If the required rate of return is 8% per year and Blue Sky just paid $8.00 dividend per share, at what price should a share of Blue Sky trade?
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