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Business, 07.12.2020 22:00 april861

Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D1?

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Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The...
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