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question 30: GARNGAONS stock has an expected return of 17.4 percent and pays annual dividends that are expected to grow annually by 8.1 percent forever.
question 30: GARNGAONS stock has an expected return of 17.4 percent and pays annual dividends that are expected to grow annually by 8.1 percent forever. The firm just paid a dividend of $8.40 and the next dividend is expected in 1 year from today.
What is the price per share of GARGANOS based on the dividend discount model? |
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