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The earnings of Mitech Corp were $3.00 per share this year. Investors in similar firms are expecting returns of 10%. If you assume that the
The earnings of Mitech Corp were $3.00 per share this year. Investors in similar firms are expecting returns of 10%. If you assume that the company will continue to grow but at a lower rate of 4% in the future, what would you consider a correct price for the stock?
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