The most recent dividend from a common stock issue is $3.75. Its growth rate is eight percent.
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The most recent dividend from a common stock issue is $3.75. Its growth rate is eight percent. What is its price if the market rate of return is 16 percent?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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