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Business, 17.10.2020 18:01 angelina0miles

Casino Inc. expects to pay a dividend of $6 per share at the end of year 1 (Div1) and these dividends are expected to grow at a constant rate of 6 percent per year forever. If the required rate of return on the stock is 20 percent, what is the current value of the stock today?

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Casino Inc. expects to pay a dividend of $6 per share at the end of year 1 (Div1) and these dividend...
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