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Question 6 2.5 pts Tercel Industries pays out 100% of its Net Income as dividends. The company has an EPS of $5.00 per share. If
Question 6 2.5 pts Tercel Industries pays out 100% of its Net Income as dividends. The company has an EPS of $5.00 per share. If the discount arte for the stock is 15%, what is the value of the stock? TIP: Since the company pays out all earnings as dividends, the growth rate of dividends has to be zero
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