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The Elsinore Corporation is currently paying a cash dividend of $1.90 (D.). It is estimated that this firm's dividends will grow at 5% per year
The Elsinore Corporation is currently paying a cash dividend of $1.90 (D.). It is estimated that this firm's dividends will grow at 5% per year for the foreseeable future. You are considering buying Elsinore's common stock, and, because of risks involved, require a return of at least 12%, what is the most you should be willing to pay for this stock (approximately)? O $27 $32 O $30 O $29 O $35
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