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Widji Outfitters is expected to pay a dividend (D1) of $1.00 next year with an expected constant growth in dividends of 6%. The required rate
Widji Outfitters is expected to pay a dividend (D1) of $1.00 next year with an expected constant growth in dividends of 6%. The required rate of return is 12%. A) Calculate the present value of this stock? B) What will be the new price of this stock if the discount rate falls to 10%, C) falls to 8%?
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