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QUESTION 3 Suppose a REIT pays out a dividend today of $3.00 and the projected dividend growth rate is 2%. The investor has a required
QUESTION 3 Suppose a REIT pays out a dividend today of $3.00 and the projected dividend growth rate is 2%. The investor has a required rate of return/discount rate of 5%. According to the Gordon dividend discount model, what is the REIT's stock worth today? 102.00
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