A firm just paid an annual dividend of $3.50 per share. Dividends are expected to grow at
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A firm just paid an annual dividend of $3.50 per share. Dividends are expected to grow at 5% per year. If the discount rate for this firm is 12%, how much is a share of this firm worth?Group of answer choices a)29.17,B 50, c)30.63, d)52.50
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Related Book For 
Fundamentals of Investment Management
ISBN: 978-0078034626
10th edition
Authors: Geoffrey Hirt, Stanley Block
Posted Date:
