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Tamarisk Financial Ltd. is interested in investing in Scion Systems Inc. Scions current dividend is $5.45 and its shares are selling for $40. The required
Tamarisk Financial Ltd. is interested in investing in Scion Systems Inc. Scions current dividend is $5.45 and its shares are selling for $40. The required rate of return for firms like Scion is 8 percent. Tamarisk has conducted an extensive analysis of the company and believes that the dividend growth rate should be 5 percent. price of stock?
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