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Business, 14.11.2019 03:31 amflet19

Afirm currently pays a dividend of $0.10 a share. the dividend is expected to grow at the rate of 16% for the next five years before slowing to a constant growth rate of 5% indefinitely. if you require an 18% return on this firm’s stock, what is the maximum price you would pay for it? question 7 options: $7.54 $16.63 $0.48 none of the above

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Afirm currently pays a dividend of $0.10 a share. the dividend is expected to grow at the rate of 16...
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