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SCI just paid a dividend (D) of $1.68 per share, and its annual dividend is...

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Finance

SCI just paid a dividend (D) of $1.68 per share, and its annual dividend is expected to grow at a constant rate (g) of 3.50% per year. If the required return (rs ) on SCIs stock is 8.75%, then the intrinsic value of SCIs shares is per share. Which of the following statements is true about the constant growth model? The constant growth model can be used if a stocks expected constant growth rate is

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