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Business, 30.07.2020 23:01 ksanquist1212

George Brothers (GB) is expected to pay a $3.20 per share dividend at the end of this year. This dividend is expected to grow at a constant rate of 3% per year indefinitely. The required return on GB’s stock is 16%. What should the stock price per share be today?

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George Brothers (GB) is expected to pay a $3.20 per share dividend at the end of this year. This div...

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