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Suppose firm A's stock is currently sold at $20 per share in the market. After careful analysis, you have determined that a firm's dividends should
Suppose firm A's stock is currently sold at $20 per share in the market. After careful analysis, you have determined that a firm's dividends should grow at 10%, on average, in the foreseeable future. The firm's last dividend was $5. If your required return is 15%, is firm A's stock a good investment?
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