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Business, 29.02.2020 01:25 mathman783

The Lory Company had net earnings of $127,000 this past year. Dividends of $38,100 were paid. The company's equity was $1,587,500. If Lory has 100,000 shares outstanding with a current market price of $11.625 per share, and a dividend growth rate is 5.6%, what is the firm’s discount rate?

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The Lory Company had net earnings of $127,000 this past year. Dividends of $38,100 were paid. The co...

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