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1. Why should capital investment deprioritised ?

2. Pharsalus Inc. just paid a dividend (i.e., D0) of $ 3.82 per share. This dividend is expected to grow at a rate of 8.1 percent per year forever. The appropriate discount rate for Pharsalus's stock is 15.2 percent. What is the price of the stock? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).

Financial Management, Finance

  • Category:- Financial Management
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