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Vought International Ltd last paid a semi-annual dividend of $0.80. The dividend is expected to grow at a constant rate of 2% each six months
Vought International Ltd last paid a semi-annual dividend of $0.80. The dividend is expected to grow at a constant rate of 2% each six months forever. Shareholders in Vought International Ltd require a return of 10% p.a. compounded annually. How much should one Voight International share cost to a. $26.67 b. $27.20 C. $28.32 d. $26.94 e. $27.77
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