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3 years ago

7

A share of common stock just paid a dividend of $1.00. if the expected long-run growth rate for this stock is 5.4%, and if inves

tors' required rate of return is 11.4%, what is the stock price? 1. $16.28 2. $16.70 3. $17.13 4. $17.57 5. $18.01

1 answer:

solong [7]3 years ago

7 0

It's 16.282. ok I don't think for sure though

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3 years ago

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Answer:

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Activity Variance for net operating Income = $ 10598 Unfavorable

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