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Business, 20.11.2020 14:00 CameronVand21
A share of Lash Inc.'s common stock just paid a dividend of $2.10. If the expected long-run growth rate for this stock is 5%, and if investors' required rate of return is 10.5%, what is the stock price?
a. $41.41
b. $42.73
c. $40.09
d. $44.05
e. $38.77
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Answers: 1
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A share of Lash Inc.'s common stock just paid a dividend of $2.10. If the expected long-run growth r...
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