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Suppose an investor is considering the purchase of a share of the company X. The company will pay a Tk. 3 dividend a year from
Suppose an investor is considering the purchase of a share of the company X. The company will pay a Tk. 3 dividend a year from today. This dividend is expected to grow at 10 percent per year for the foreseeable future. If the required return on this stock is 15 percent. What is the price of a share?
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