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  3. 18. date x corporation's roe is 17%. their dividen

18. Date x corporation's ROE is 17%. Their dividend payout ratio is 20%. The last...

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Accounting

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18. Date x corporation's ROE is 17%. Their dividend payout ratio is 20%. The last dividend just paid was 2.58. If dividonds are expected to grow by the company's sustainable growth rate indefinitely, what is the current value of the common stock if its required rate of return is 18%

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