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FIN300 Inc.'s stock has a required rate of return of 12%, and it...

FIN300 Inc.'s stock has a required rate of return of 12%, and it sells for $85 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D₀?

Business Finance FIN 300

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Answered by sramco

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FIN 300.PNG

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