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Will save esponse. Question 12 of 18 Question 12 8 points Save Ans Due to a new vehicle design, earnings and dividends in an automobile
Will save esponse. Question 12 of 18 Question 12 8 points Save Ans Due to a new vehicle design, earnings and dividends in an automobile manufacturing company are expected to grow at a rate of 2596 for the next 3 years. After this period, the firm is expected to resume growth at the industry average of 1096 thereafter. The firm recently paid a dividend of $1 and the required return is 1596. What is the most you should pay for the company's stock? $31.81 $28.23 $17.74 $28.38 None of the listed items is correct
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