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problem: McDonnell manufacturing is expected to pay a dividend of dollar 1.50 per share at the end of the year [D1 = $1.50]. The stock sells for $34.50 per share, and its required rate of return is 11.5 percent. The dividend is expected to rise at some constant rate, g, forever. find out the equilibrium expected growth rate?

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  • Category:- Basic Finance
  • Reference No.:- M921022

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