Question: 6.4 Using the constant growth model, an increase in the required rate of return from 13 to 14 percent combined with an increase in the

 6.4 Using the constant growth model, an increase in the required

6.4 Using the constant growth model, an increase in the required rate of return from 13 to 14 percent combined with an increase in the growth rate from 2 to 3 percent would cause the price to change by what percentage? (Hint: Answer is NOT zero.)

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