Ingram Micro Company forecasts income of $7.40 per share and will pay out 30% as...
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Accounting
Ingram Micro Company forecasts income of $7.40 per share and will pay out 30% as dividends, 20% as a share repurchase and will retain the rest. Its growth rate is 5.6% and required return is 14%. What is the price of a share?
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