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Stock valuation) Lets say the Mill Due Corporation is expected to pay a dividend of $5.00 per year on its common stock forever into the
Stock valuation) Lets say the Mill Due Corporation is expected to pay a dividend of $5.00 per year on its common stock forever into the future. It has no growth prospects whatsoever. If the required return on Mill Dues common stock is 14%, what is a share worth?
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