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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Div , was $0.25 per share. The
Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Div , was $0.25 per share. The stock's target return rate is 10%. What is the stock's price if a. the annual growth rate is 1% ? b. the annual growth rate is 3% ? c. the annual growth rate is 5% ? d. the annual growth rate is 7% ? e. the annual growth rate is 9% ? a. What is the stock's price if the annual growth rate is 1%
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