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Business, 16.11.2020 17:00 kidus24

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.15, but management expects to reduce the payout by 6 percent per year indefinitely. If you require a return of 12 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 $11.15, but manage...

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