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A Share of Ordinary Shares Just Paid a Dividend of $3.25

question 61

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A share of ordinary shares just paid a dividend of $3.25 per share.The expected long-run growth rate for this share is 18%.If investors require a rate of return of 24%,what should the price of the share be?


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Beaten Paths

Migration routes taken previously by family, relatives, friends, and other migrants.

Job Prospects

The potential opportunities for employment in a certain field or occupation, often influenced by economic trends and industry growth.

Welfare Payments

Government-provided financial assistance to individuals or families in need, aiming to reduce poverty and provide social security.

Illegal Immigrants

Individuals who enter or reside in a country without the country's authorization or legal permission.

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