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PR, Inc. paid a dividend yesterday of $9.41. The required rate of return is 10%. Using Excel please Assuming no growth and constant dividends, what

PR, Inc. paid a dividend yesterday of $9.41. The required rate of return is 10%. Using Excel please

  1. Assuming no growth and constant dividends, what is the stock price of PR, Inc.?

2. Suppose the company earnings and dividends are growing at 5% instead of no growth. According to the constant growth model, what should the stock price of PR, Inc.?

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