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Radiant stock paid a dividend of $3 last year. Based on its recent performance and future outlook, investors are expecting Radiants earnings and dividends to
Radiant stock paid a dividend of $3 last year. Based on its recent performance and future outlook, investors are expecting Radiants earnings and dividends to decline at a constant rate of 3% per year. If radiants cost of equity is 10%, the value of a radiant stock is closest to?
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