Sooty iron works inc has had declining sales amp increasing, Ask an Expert

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problem: Sooty Iron works; Inc has had declining sales & increasing expenses over the last decade & expects this trend to continue. As a result the company forecasts that earnings and dividends will decline indefinitely at a rate of four percent per year. Sooty's last dividend (D/0) was $2 per share. If the market required rate of return is 12%, find out the value of Sooty's common stock.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M919231

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