Suppose you buy a stock that paid an annual dividend last
Suppose you buy a stock that paid an annual dividend last year of $5. This firm's dividends are expected to grow at a rate of 6% per year.
Investors' required rate of return for this stock is 16%. How much is this stock worth?
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suppose you buy a stock that paid an annual dividend last year of 5 this firms dividends are expected to grow at a rate
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