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Please show work: James, Inc. just paid a Cash Dividend (D0) of $3 per share. Investors require a 15% return on equity investments in the
Please show work:
James, Inc. just paid a Cash Dividend (D0) of $3 per share. Investors require a 15% return on equity investments in the corporation. Dividends are expected to grow steadily at 5% per year. What is the current market price of James common stock?
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