Suppose again that a stock pays three annual dividends of $100 per year and the discount rate

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Suppose again that a stock pays three annual dividends of $100 per year and the discount rate is k = 15 percent. In this case, what is the price of the stock today?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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