Loser Inc. will pay a dividend of $4.47 per share on its common stock at the end

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Loser Inc. will pay a dividend of $4.47 per share on its common stock at the end of this year. If the expected long-term growth rate for this company is -3.25% and investors require a 5.51% rate of return, what is the price of ABC Inc. stock?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: Feb 23, 2024 05:49 AM

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Loser Inc. will pay a dividend of $4.47 per share on its common stock at the end

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The price of Loser Inc stock based on the information you provided is 5103 per share ... View the full answer

Fundamentals of corporate finance

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