Hall and marks is expected to pay a three dollar per share, Financial Management

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Hall and marks is expected to pay a three dollar per share

Hall and Marks is Expected to pay a three dollar per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock RS is 10%. What is the stocks current value per share?

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Financial Management: Hall and marks is expected to pay a three dollar per share

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Financial Management: Hall and marks is expected to pay a three dollar per share

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