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The Baggins Corporation just paid a $6.00. Dividends are expected to grow perpetually at a 3% rate. The required discount rate is 15%. a. Compute
The Baggins Corporation just paid a $6.00. Dividends are expected to grow perpetually at a 3% rate. The required discount rate is 15%. a. Compute Baggins stock price today. b. Compute Baggins stock price one year from today and calculate the one year rate of return to an investor. c. Compute Baggins stock price seven years from today. d. Compute Baggins stock price one hundred years from today.
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