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Business, 06.07.2021 16:00 shelbs6632

Assume that the average firm in your company's industry is expected to grow at a constant rate of 6% and that its dividend yield is 5%. Your company is about as risky as the average firm in the industry and expected to pay a dividend of $2. You expect that the growth rate of dividends will be constant at 6%. What is the estimated value per share of your firm's stock

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