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Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year (that is, D1-$0.50). The dividend is expected to
Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year (that is, D1-$0.50). The dividend is expected to grow at a constant rate of 7.5% a year. The required rate of return on the stock, rs is 14%. What is the stock's current value per share? None $7.69 $4.25 $5.50 $3.50
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