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Business, 05.09.2019 22:30 duncanswart1558

Suppose a company currently pay an annual dividend of $3.20 on its common stock in a single annual installment, and management plans on raising this dividend by 6 percent per year indefinitely. if the required return on this stock is 12 percent, what is the current share price?

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Suppose a company currently pay an annual dividend of $3.20 on its common stock in a single annual i...
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