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Author Question: The last dividend on Spirex Corporation's common stock was $4.00, and the expected growth rate is ... (Read 90 times)

Brittanyd9008

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Question 1

The last dividend of SPirex Corporation's common stock was $4.00, and the expected growth is 10 percent. If you require a rate of return of 20%, what is the highest price you should be willing to pay for this stock?
◦ $44.00
◦ $38.50
◦ $40.00
◦ $45.69
◦ $50.00

Question 2

The last dividend on Spirex Corporation's common stock was $4.00, and the expected growth rate is 10%. If you require a rate of return of 20%, what is the highest price you should be willing to pay for this stock?
◦ $44.00
◦ $38.50
◦ $40.00
◦ $45.69
◦ $50.00


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Marked as best answer by Brittanyd9008 on Apr 25, 2021

joechoochoy

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Brittanyd9008

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Reply 2 on: Apr 25, 2021
Excellent


mochi09

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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