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Business, 19.03.2021 05:00 poppy1173

MECCS Inc. stock paid its annual dividends of $4.90 per share yesterday. The dividend is expected to decrease at a constant rate of 2.50 percent per year indefinitely. Investors require a rate of return of 8.60 percent on the stock. How much should one share of the stock be priced today

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MECCS Inc. stock paid its annual dividends of $4.90 per share yesterday. The dividend is expected to...
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