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Suppose that the shares of Nagatomi Company pay a dividend of $ 6.00 per share. If dividends are expected to increase at a rate of
Suppose that the shares of Nagatomi Company pay a dividend of $ 6.00 per share. If dividends are expected to increase at a rate of 7.5% per year and if the required rate of return is 9% Determine what is the value of the shares of Nagatomi Company
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