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Business, 20.07.2021 01:00 Diodorant

Miller Juice, Inc. is not paying a dividend right now, but is expected to pay a $4.56 dividend three years from now. Investors expect that dividend to grow by 4% every year forever. If the required return on the stock investment is 14%, what should be the price of Miller Juice stock today

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Miller Juice, Inc. is not paying a dividend right now, but is expected to pay a $4.56 dividend three...
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