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Mathematics, 13.11.2019 06:31 sugar1014
Sorenson corp.’s expected year-end dividend is d1 = $4.00, its required return is rs = 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. what is sorenson’s expected stock price in 7 years, i. e., what is pˆ 7?
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