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You anticipate that Canuck Industries will make total payouts of $4.675 billion at the end of this year. Assume that all payouts occur annually at
You anticipate that Canuck Industries will make total payouts of $4.675 billion at the end of this year. Assume that all payouts occur annually at the end of the year and that we are at the beginning of the year. Analysts forecast that Canucks payouts will grow at a constant rate in perpetuity. Your company requires a return of 12% on all new investments. Canuck has 1.4609 billion shares outstanding and its shares are currently trading for $40.00. What
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