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Please solve for c. Here are data on two stocks, both of which have discount rates of 16% : a. What is the dividend payout
Please solve for c.
Here are data on two stocks, both of which have discount rates of 16% : a. What is the dividend payout ratio for each firm? Note: Enter your answers as a percent rounded to 2 decimal places. c. What is the value of each stock? Note: Do not round intermediate calculations. Round your answers to 2 decimal places
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