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X company stock will pay a $3 dividend a year from today, the dividend is expected to grow at 3% for the foreseeable future. If
X company stock will pay a $3 dividend a year from today, the dividend is expected to grow at 3% for the foreseeable future. If the discount rate is 10%, what is the price of this stock. a. $60 O b. $50 O c. $42.86 O d. $37.50
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Corporate Finance Principles And Practice
Authors: Denzil Watson, Tony Head
1st Edition
0273630083, 978-0273630081
