Antiques r us is a mature manufacturing firm the company, Financial Management

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Antiques r us is a mature manufacturing firm the company

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.65, but management expects to reduce the payout by 4 percent per year indefinitely. If you require a return of 12 percent 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 the company

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