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Suppose that today's stock price is $63.43. If the required rate on equity is 13.5% and the growth rate is 4.4%, compute the expected dividend (i.e. compute D1) Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92064305

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