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The French Thaler and Companys stock has paid dividends of $1.80 over the past 12 months. Its historical growth rate of dividends has been 6
The French Thaler and Companys stock has paid dividends of $1.80 over the past 12 months. Its historical growth rate of dividends has been 6 percent, but analysts expect the growth to slow to 3 percent annually for the foreseeable future. Determine the value of the stock if the required rate of return on stocks of similar risk is 10 percent.
please show work on excel
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