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14. You, Obama, Charlie Sheen, and Tiger Woods believe the current dividend and growth rate is S2 and 40 0. However you believe the discount rate is...

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may i know, how $104 is the solution?

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14. You, Obama, Charlie Sheen, and Tiger Woods believe the current dividend and growth rate is $2 and 4%.
However you believe the discount rate is 12%, Obama believes it is 10%, Charlie Sheen believes it is 6%, and
Tiger believes it is 5%. What will be the prevailing price if only you four are the market participants? A. $26.00 B. $34-67 C. $100.00 D. $104.00

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The correct option is D. D). $... View the full answer

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