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Suppose firm As stock is current sold at $30 per share in the market 23. After careful analysis, you have determined that a firms dividends

Suppose firm As stock is current sold at $30 per share in the market 23. After careful analysis, you have determined that a firms dividends should grow at 7%, on average, in the foreseeable future. The firms last dividend was $3. If your required return is 18%, is firm As stock a good investment?

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