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Posted on Sep 07, 2024

You have estimated the future growth rate to be 1 2 percent. FTB most recently paid a $ 1 . 6 0 dividend. What is

You have estimated the future growth rate to be

12

percent. FTB most recently paid a $

1.60

dividend. What is the current price of FTB stock if the required rate of return is

15

percent?

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