Business, 26.10.2020 17:00, Udfhut7500

Trend-Line Inc. has been growing at a rate of 6% per year and is expected to continue to do so indefinitely. The next dividend is expected to be $6 per share. a. If the market expects a 10% rate of return on Trend-Line, at what price must it be selling

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Trend-Line Inc. has been growing at a rate of 6% per year and is expected to continue to do so indef...