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Question 4 Not yet answered Marted out of 6.00 P Flag question Firefly Company just paid a dividend of $15 per share, but the management

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Question 4 Not yet answered Marted out of 6.00 P Flag question Firefly Company just paid a dividend of $15 per share, but the management expects to reduce the payout by 5 percent per year indefinitely. If you require a rets of 10 percent on this stock what will you pay for a share today? vious page

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