10. After careful analysis, you have determined that a firm's dividends should grow at 7%, on...
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10. After careful analysis, you have determined that a firm's dividends should grow at 7%, on average, in the foreseeable future. The firm's last dividend was 5. Compute the current price of this stock, assuming the required return is 18%. 10. After careful analysis, you have determined that a firm's dividends should grow at 7%, on average, in the foreseeable future. The firm's last dividend was 5. Compute the current price of this stock, assuming the required return is 18%.
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