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Business, 27.12.2020 19:00 MorallyGray

API has just paid an annual dividend of $1.39 per share and expects to increase it by 3.5 percent annually for the foreseeable future. Calculate the current value of API’s common stock given a discount rate of 6 percent.

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API has just paid an annual dividend of $1.39 per share and expects to increase it by 3.5 percent an...
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