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Business, 26.06.2020 20:01 levicorey846

Cape Corp. will pay a dividend of $3.40 next year. The company has stated that it will maintain a constant growth rate of 4.5 percent a year forever. A. If you want a return of 15 percent, how much will you pay for the stock?
B. If you want a return of 9 percent, how much will you pay for the stock?

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