Avril Synchronistics will pay a dividend of $1.05 per share this year. It is expected...
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Avril Synchronistics will pay a dividend of $1.05 per share this year. It is expected that this dividend will grow by 6% each year in the future. What will be the current value of a single share of Avril's stock if the firm's equity cost of capital is 13% ? A. $10.50 B. $16.50 C. $15.00 D. $1125
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