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1. Tandy Co.'s stock just paid a dividend of exist3 (D_o = exist3), and dividends are expected to grow at 20% per year for two years and then at 6% thereafter. If the required return for the stock is 10%, what is the stock's intrinsic value?

2. Krusty Burger has an expected ROE of 12% and follows a policy of paying out 20% of earnings in the form of dividends. What is the dividend growth rate?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92399015

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