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pompa pompa
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7 years ago
A firm has experienced a constant annual rate of dividend growth of 9 percent on its common stock and expects the dividend per share in the coming year to be $2.70. The firm can earn 12 percent on similar risk involvements. The value of the firm's common stock is ________.
A) $22.50/share
B) $9/share
C) $90/share
D) $30/share
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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pompa Author
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7 years ago
Helped a lot
spaghetti
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You make an excellent tutor!
wyq2651
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Correct Slight Smile TY
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