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Business, 11.03.2020 21:26 hurricane01

Header Motor, Inc., paid a $3.91 dividend last year. At a constant growth rate of 7 percent, what is the value of the common stock if the investors require a 16 percent rate of return? The value of the common stock is $ nothing. (Round to the nearest cent.)

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Header Motor, Inc., paid a $3.91 dividend last year. At a constant growth rate of 7 percent, what is...

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