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Sherbert Company just paid a dividend of $5 per share. Future dividends are expected to grow at a constant rate of 7.25% per year. What
Sherbert Company just paid a dividend of $5 per share. Future dividends are expected to grow at a constant rate of 7.25% per year. What should be the value of the stock if the required return is 16%?
$57.14 | ||
$61.29 | ||
$33.37 | ||
$59.44 |
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