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borteleto borteleto
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Posts: 2477
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5 years ago
Perrine Industrial Inc. just paid a dividend of $5 per share. Future dividends are expected to grow at a constant rate of 7% per year. What is the value of the stock if the required return is 16%?
A) $33.44
B) $55.56
C) $59.44
D) $65.87
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Marc18Marc18
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5 years ago
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borteleto Author
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#2
5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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