Nonstick Gum Factory dividend yields
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You believe that Nonstick Gum Factory will pay a dividend of $2 on its common stock next year. Thereafter, you expect dividends to grow at a rate of 6 percent a year in perpetuity.
a. If you require a return of 12 percent on your investment, how much should you be prepared to pay for the stock?
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dividend yields
You believe that Nonstick Gum Factory will pay a dividend of $2 on its common stock next year. Thereafter, you ...
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