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Question 3 A firm has just paid its current annual dividend of $3.00 per share of common stock. If the long-run growth rate for this
Question 3 A firm has just paid its current annual dividend of $3.00 per share of common stock. If the long-run growth rate for this form is expected to be constant at 10 percent forever, and you require an annual rate of return of 16 percent, the amount you would be willing to pay for a share of this stock today is closest to? $55 $44 $25 $32
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