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Suppose the Pale Hose Corp. is expected to pay a dividend next year of OMR2 25 per share Both sales and profits for Pale Hose
Suppose the Pale Hose Corp. is expected to pay a dividend next year of OMR2 25 per share Both sales and profits for Pale Hose are expected to grow ata rate of 20% for the following 2 years and then at 5% per year thereafter indefinitely Dividend growth is expected to match sales growth If the required rerun is 15%, what is the walue of a share of Pale Hose a. OMR32 40 b.OMR22.75 COMR26.00 d OMR28.50 OMR39 25
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