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CroweN6459 CroweN6459
wrote...
Posts: 493
4 years ago
A stock is expected to pay $3.20 per share every year indefinitely and the equity cost of capital for the company is 10%.  What price would an investor be expected to pay per share next year?

▸ $32.00

▸ $8.00

▸ $24.00

▸ $16.00
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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wrote...
4 years ago
$32.00
CroweN6459 Author
wrote...
4 years ago
Brilliant
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