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Business, 09.07.2019 04:20 zeesharpe05
Astock sells for $40. the next dividend will be $4 per share. if the rate of return earned on reinvested funds is a constant 15% and the company reinvests a constant 40% of earnings in the firm, what must be the discount rate?
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Astock sells for $40. the next dividend will be $4 per share. if the rate of return earned on reinve...
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