QUESTION 10 S points Saved Tango Inc, just paid a $1.25 dividend to its common...
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QUESTION 10 S points Saved Tango Inc, just paid a $1.25 dividend to its common shareholders. You plan to purchase the stock today because you feel that the growth rate will be 7 percent for the next two years, and then fall to a constant level of 4% thereafter. How much should you pay for the stock today if your required rate of return is 16%7 Round intermediate stops to four decimals 10.16 10.48 O 1143 11.80
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