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You are considering purchasing stock. The stock is expected to pay a dividend of $53 per share. The consensus of investors is that these
You are considering purchasing stock. The stock is expected to pay a dividend of $53 per share. The consensus of investors is that these dividends will increase at a rate of 5 percent per year for the indefinite future, and the interest rate is 12 percent. The price of the stock should be $ (Enter your response rounded to two decimal places.)
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
