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Business, 25.11.2019 22:31 loredohome

Jand, inc., currently pays a dividend of $1.22, which is expected to grow indefinitely at 5%. if the current value of jand’s shares based on the constant-growth dividend discount model is $32.03, what is the required rate of return? (do not round intermediate calculations. round your answer to 2 decimal places.)

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Jand, inc., currently pays a dividend of $1.22, which is expected to grow indefinitely at 5%. if the...
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