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The Retarded Company's dividends are declining at an annual rate of 4 percent. The company just paid a dividend of $4 per share. You require
The Retarded Company's dividends are declining at an annual rate of 4 percent. The company just paid a dividend of $4 per share. You require a 16 percent rate of return. How much will you pay for this stock?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
