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Business, 08.05.2021 01:00 diana156

A firm has a steady growth rate of 5% per year in its dividend and this growth rate is expected to continue indefinitely. Last year's dividend was $1.20. If the investor requires a 9% return, what is the value of this stock

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A firm has a steady growth rate of 5% per year in its dividend and this growth rate is expected to c...
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