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Suppose a firm's net income remains the same at 2 0 0 million dollars from year 1 to year 5 . Starting from year 6
Suppose a firm's net income remains the same at million dollars from year to year Starting from year the net income will increase by per year. Suppose the firm has no noncash expenses and costs except for annual decpreciation of $ million dolloars. Suppose the firm remains Equity to Debt ratio to be one. Suppose the firm has million common shares outstanding. Suppose the discount rate is What is the stock price of the firm's common share?
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