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Business, 29.03.2021 22:20 lcyaire

Abel, Inc. just paid a dividend of $3.0 per share and you think they will continue to pay $3.0 per year indefinitely. If the appropriate discount rate is 11%, how much should the price of a share be? (Answer to the nearest penny.)

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Abel, Inc. just paid a dividend of $3.0 per share and you think they will continue to pay $3.0 per y...
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