Business, 24.03.2020 06:03, lllamasarebae3076
You are considering purchasing stock. The stock is expected to pay a dividend of $87 per share. The consensus of investors is that these dividends will increase at a rate of 3 percent per year for indefinate future, and the interest rate is 7 percent. The price of stock should be ___.
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You are considering purchasing stock. The stock is expected to pay a dividend of $87 per share. The...
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