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Q: Anron corporation paid a dividend today of 3.50 per share and the dividend is expected to grow at a constant rate of 6 per year. If Anron stock is selling for 61.83 per share the stockholders' expecte?
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this is simple Q here is the formula : P0= D1/(K-G) P0= 40 K= 10% G=7% D1= ?? D1= 1.2 Cheers ;)