Nyeil inc is a consumer products firm that is growing at a


Nyeil, Inc., is a consumer products firm that is growing at a constant rate of 4.0 percent. The firm’s last dividend was $3.36. If the required rate of return is 20.0 percent, what is the market value of this stock if dividends grow at the same rate as the firm?

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Financial Management: Nyeil inc is a consumer products firm that is growing at a
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