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Business, 22.04.2020 22:57 ashtor1943

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $12.15, but management expects to reduce the payout by 6 percent per year, indefinitely. If you require a return of 10 percent on this stock, what will you pay for a share today?

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Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $12.15, but manage...
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