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Question
What is the value of a stock which has a current dividend (D0) of $1.50, and is growing at the rate of 7%? The investor's required rate of return is 12%.A. $26.75
B. $30.00
C. $32.10
D. $21.42
E. $13.38
Answer
This answer is hidden. It contains 21 characters.
Related questions
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C.small company stocks and U.S. treasury bills.
D.small company stocks and preferred stock.
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