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The most recent dividend paid by company J was 3 . 6 6 per share. You think dividends will grow at a constant rare of
The most recent dividend paid by company J was per share. You think dividends will grow at a constant rare of per year ie the next dividend will be greater than the most recent one. Assume that the required rate of return for investors is According to the dividend discount model, what should be price per share?
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