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QUESTION 3 P&G, pays $5 dividend per year, and the board of directors has no plans to change the dividend. The firms investors require a
QUESTION 3
P&G, pays $5 dividend per year, and the board of directors has no plans to change the dividend. The firms investors require a 20% return on investment. What should be the market price of the firms stock?
| $25 | ||
| $30 | ||
| $35 | ||
| $20 |
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Authors: Greg Middleton
1st Edition
979-8866955046
