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biokam biokam
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A year ago
A share of common stock has just paid a dividend of $2.40. If the expected long-run growth rate for this stock is 6.2%, and if investors’ required rate of return is 11.9%, what is the stock price?


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$44.39



▸

$44.72



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$44.95



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$45.31

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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davisdiamonddavisdiamond
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A year ago
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