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Business, 27.06.2019 09:30 tanionxavier

Antiques r us is a mature manufacturing firm. the company just paid a dividend of $9.80, but management expects to reduce the payout by 4 percent per year indefinitely. if you require a return of 9.5 percent on this stock, what will you pay for a share today? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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Antiques r us is a mature manufacturing firm. the company just paid a dividend of $9.80, but managem...

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