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In Problem 1 assume that the price of the stock

In Problem 1, assume that the price of the stock was $9 and solve for the expected rate of return from buying the stock.

In Problem 1

A firm has just paid (the moment before valuation) a dividend of 55¢ and is expected to exhibit a growth rate of 10% into the indefinite future. If the appropriate discount rate is 14%.

In Problem 1

A firm has just paid (the moment before valuation) a dividend of 55¢ and is expected to exhibit a growth rate of 10% into the indefinite future. If the appropriate discount rate is 14%.

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