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You can drag and drop files here to add them. The share of a certain stock paid a dividend of Rs.3.00 last year. The dividend
You can drag and drop files here to add them. The share of a certain stock paid a dividend of Rs.3.00 last year. The dividend is expected to grow at a constant rate of 8 percent in the future. The required rate of return on this stock is considered to be 15 percent. How much should this stock sell for now? Assuming that the expected growth rate and required rate ofreturn remain the same, at what price should the stock sell 3 years hence? 1 11 " B
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