Business
Business, 12.11.2020 19:10, morgaaaan651

The Firm X just paid a dividend of $1.26 per share on its stock. The dividends are expected to grow at a constant rate of 5% per year indefinitely. If investors require a 10% return on Firm X stock, what is the current price?

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The Firm X just paid a dividend of $1.26 per share on its stock. The dividends are expected to grow...

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