Horse and buggy inc is in a declining industry sales, Financial Management

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Horse and buggy inc is in a declining industry sales

Horse and Buggy Inc. is in a declining industry. Sales, earnings, and dividends are all shrinking at a rate of 10% per year. if r = 15% and DIV1 = $4, what is the price of a share? What price do you forecast for the stock one year from now? What is the cost of capital on the stock?

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Financial Management: Horse and buggy inc is in a declining industry sales

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Financial Management: Horse and buggy inc is in a declining industry sales

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