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Business, 15.04.2020 21:03 mocheal8216

Constant growth: Moriband Corp. paid a dividend of $2.15 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for the next several years. If stocks of companies like Moriband require a rate of return of 15 percent, what should be the market price of Moribund stock?

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Constant growth: Moriband Corp. paid a dividend of $2.15 yesterday. The company's dividend is expect...
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