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You expect the price of MU Corporation stock to be $45 in 5 years. You also expect dividends to increase at an annual rate of
- You expect the price of MU Corporation stock to be $45 in 5 years. You also expect dividends to increase at an annual rate of 10 percent from the most recent dividend of $1.00. If your required rate of return is 15 percent, how much are you willing to pay for Mu Corp's stock?
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Personal Finance
Authors: Jack R Kapoor, Glencoe McGraw Hill, Les R Dlabay, Robert J Hughes
1st Edition
0078698006, 9780078698002
