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Jimmyhighroller Jimmyhighroller
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8 months ago
You are considering buying a zero growth stock. If the firm pays a $15 annual dividend, and your required rate of return is 7.5%, what is the maximum price you would pay for this stock?


$100



$150



$180



$200

Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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SagxarSagxar
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8 months ago
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