Unformatted text preview: foreseeable future, determine the value of the company's common stock to an investor who requires a 13 percent rate of return on these securities. a. $44.44 b. $36.81 c. $46.22 d. $48.62 P = $4.16/(0.13 - 0.04) = $46.22...
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This note was uploaded on 05/21/2011 for the course ECONS 111 taught by Professor Yo during the Spring '09 term at Nassau CC.
- Spring '09