Nike Inc. just paid a dividend of $15 82. However, the company declares that it...
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Nike Inc. just paid a dividend of $15 82. However, the company declares that it will reduce the dividend payout by 3 percent per year indefinitely. If you require a return of 55 percent on this stock, what will you pay for a share today? $125.82 $112.98 $180.53 5142.70
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