If the required rate of return is 14 what is the estimated, Financial Management

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If the required rate of return is 14 what is the estimated

Joe's Construction Co has a constant growth in earnings per share with the following earnings: 2010: $3.00, and 2015: $4.50. Dividends represent 40% of earnings. If the required rate of return is 14% what is the estimated value of the stock in 2015? (tip: figure the growth rate over the 5 years between 2010 and 2015 using a financial calculator)

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Financial Management: If the required rate of return is 14 what is the estimated

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Financial Management: If the required rate of return is 14 what is the estimated

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