Kahnemann Corp. just paid a dividend of $2.75 per share. The dividends have been steadily...
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Kahnemann Corp. just paid a dividend of $2.75 per share. The dividends have been steadily growing at 3.5% per year over the last decade and is expected to continue to grow at the same rate. If the required return is 9%, what was the price of the stock five years ago? a.) $51.75 b.) $47.22 c.) $50.00 d.) $43.57 e.) $41.69
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