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alekssr [168]
3 years ago
13

Moody Farms just paid a dividend of $3.35 on its stock. The growth rate in dividends is expected to be a constant 4 percent per

year indefinitely. Investors require a return of 16 percent for the first three years, a return of 14 percent for the next three years, and a return of 12 percent thereafter. What is the current share price?

Business
1 answer:
DIA [1.3K]3 years ago
6 0

Answer:

$38.02

Explanation:

Please see attachment .

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a. buyers of the good will bear most of the burden of the tax.

Explanation:

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4 years ago
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Answer:

Find my detailed explanations and computations below

Explanation:

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