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Toys Were Us is a mature manufacturing firm. The company just paid a dividend of $3.75, but management expects to reduce the payout by 6
Toys Were Us is a mature manufacturing firm. The company just paid a dividend of $3.75, but management expects to reduce the payout by 6 percent per year indefinitely. The stock's beta is 1.54, risk-free rate is 4.2%, and the return on the market is 10.0%, then what will you pay for a share today? K OA. $135.57 OB. $127.90 O C. $42.29 O D. $39.89 OE. $23.61 OF. $25.11
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