A firm has experienced a constant annual rate of dividend growth of 10 percent on...
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Finance
A firm has experienced a constant annual rate of dividend growth of 10 percent on its common stock and expects the dividend per share in the coming year to be $3.70. The firm can earn 12 percent on similar risk involvements. The value of the firm's common stock is O S90/share B. $85/share c $18/share $185/share
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