Question: Exam Cha rs 7 and 8 6 Help Save & Exit Subm Changes in Growth and Stock Valuation Consider a fim that had been priced
Exam Cha rs 7 and 8 6 Help Save & Exit Subm Changes in Growth and Stock Valuation Consider a fim that had been priced using a 13.00 percent growth rate and a 18.00 percent required rate. The firm recently paid a $2.50 dividend. The firm has just announced that because of a new joint venture, it will likely grow at a 15.00 percent rate. How much should the stock price change in dollars and percentage)? $31.00, t00% $39 33, 70.00% $31.00, 100 00% $39 33-70%
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