Bristol Plc. has just paid a dividend of $1.5 per share per year. If the growth rate

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Bristol Plc. has just paid a dividend of $1.5 per share per year. If the growth rate of dividends is 5 percent, calculate the value of one share if a company of this risk class is required to return 14 percent per year.

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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