Antiques R Us is a mature manufacturing firm. The company just paid an $11 dividend,...
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Antiques R Us is a mature manufacturing firm. The company just paid an $11 dividend, but management expects to reduce the payout by 6 percent per year indefinitely. Required : If you require an 13 percent return on this stock, what will you pay for a share today?
A$53.88
B$54.97
C$54.42
D$57.89
E$147.71
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