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Business, 23.05.2021 14:00 jackblacks

Suppose a company paid dividends per share of K2.73 in 2012. Its earnings and dividends have grown at 6% a year between 2008 and 2012, and are expected to grow at the same rate in the long term. The rate of return required by investors on stocks of equivalent risk is 12. 21% Calculate the value of the Stock

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