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*show your work in excel, I will upvote. Stock Values The RLX Co. just paid a dividend of $3.20 per share on its stock. The
*show your work in excel, I will upvote.
Stock Values The RLX Co. just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. If investors require a return of 10.5 percent on this stock, what is the current price? What will the price be in three years? In 15 yearsStep by Step Solution
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