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The Ewald Company has just paid a cash dividend of $2.40 per share. If you want to buy Ewald's stock at the market, what would
The Ewald Company has just paid a cash dividend of $2.40 per share. If you want to buy Ewald's stock at the market, what would you pay for each share if you want a required return of your investment at 12 percent per annum? You believe that The Ewald Company will keep paying dividends at constant grow rate of 5 percent per annum
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