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Triangle Corporation plans to retain all earnings for 7 years. The first dividend of $4 will be paid in year 8. The required return is
Triangle Corporation plans to retain all earnings for 7 years. The first dividend of $4 will be paid in year 8. The required return is 14%. The expected growth rate will be 4%. How much should it sell for today? If Triangle Corporation sells for $15, should you buy
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