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Business, 12.03.2020 00:30 netflixacc0107

Ashley is considering the purchase of a stock that has just paid a dividend of $0.72, today. The dividend is expected to grow at a rate of 2.8 percent per year and the market requires a return of 10% on assets of similar risks. What is the price that Ashley should pay for this stock?

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Ashley is considering the purchase of a stock that has just paid a dividend of $0.72, today. The div...
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