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Business, 05.05.2020 20:28 raquelrivera03
BR Corporation is issuing Common Stocks that are expected to pay $38 dividend per year and this company is expected to grow at 4% per year. Concurrently, the expected rate of return on stocks with similar risk is 8 % per year. Based on this data, find the pure price per share of common stock issued by BR Corporation. Note: round your answer to two decimal places, and do not include spaces, currency signs, plus or minus signs, nor commas.
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BR Corporation is issuing Common Stocks that are expected to pay $38 dividend per year and this comp...
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