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Business, 09.07.2020 05:01 aherrerasmile1

a mature manufacturing firm. The company just paid a dividend of $8.65, but management expects to reduce the payout by 5 percent per year indefinitely. If you require a return of 12 percent on this stock, what will you pay for a share today?

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a mature manufacturing firm. The company just paid a dividend of $8.65, but management expects to re...
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