Three investors agree on the size of a stocks next dividend, Financial Management

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Three investors agree on the size of a stocks next dividend

Three investors agree on the size of a stock's next dividend and have the same required return, but disagree about the growth rate. Investor 1 thinks the growth rate will be 5.25%, Investor 2, 4.00% and Investor 3, 4.65%. Rank the investors in order, from lowest to highest, according to the price each is willing to pay for the stock.

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Financial Management: Three investors agree on the size of a stocks next dividend

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Financial Management: Three investors agree on the size of a stocks next dividend

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