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What price would an investor requiring a 4% return pay for a stock which just declared a dividend of $3.00 if the expected dividend and
What price would an investor requiring a 4% return pay for a stock which just declared a dividend of $3.00 if the expected dividend and earnings growth rate was estimated at 0% ? If a stock is currently priced at $50 per share and the firm's current earnings per share is $3, what price would you pay if you forecast new earnings per share to be $4.00
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