Antiques r us is a mature manufacturing firm if you require, Financial Management

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Antiques r us is a mature manufacturing firm if you require

Antiques R Us is a mature manufacturing firm. The company just paid a $9 dividend, but management expects to reduce the payout by 8 percent per year indefinitely.

Required :

If you require an 12 percent return on this stock, what will you pay for a share today?

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Financial Management: Antiques r us is a mature manufacturing firm if you require

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Financial Management: Antiques r us is a mature manufacturing firm if you require

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