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What is the most you would be willing to pay for a share of GDL today? Round your answer to 2 decimals, for example, 100.21.
What is the most you would be willing to pay for a share of GDL today? Round your answer to 2 decimals, for example, 100.21.
Question 4 1 pts You expect GDL to have $3.02 profits per share next year, and you expect the company's profits will grow at a constant rate of 5% per year for the foreseeable future. You will only invest in GDL if you can expect a return of 15% per year on your investment. What is the most you would be willing to pay for a share of GDL today? Round your answer to 2 decimals, for example, 100.21Step by Step Solution
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