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Business, 12.07.2019 02:30 noreenhussain

Gentleman gym just paid its annual dividend of $3 per share, and it is widely expected that the dividend will increase by 5% per year indefinitely. (lo7-2) a. what price should the stock sell at? the discount rate is 15%. b. how would your answer change if the discount rate was only 12%? why does the answer change

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