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IrinaK [193]
3 years ago
8

The common stock of Royal Ranch House is selling for $20.23. The firm pays dividends that are expected to grow at a rate of 4.40

% indefinitely. Your investment horizon is 9 years. What do you estimate the price of Royal Ranch House stock will be at that time?
Business
1 answer:
ElenaW [278]3 years ago
7 0
20-(65)xy-mx+b might ce the ranch house stock
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