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Business, 16.04.2020 03:20 peno211

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.40, but management expects to reduce the payout by 5 percent per year indefinitely. If you require a return of 14 percent on this stock, what will you pay for a share today?

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Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.40, but manage...

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