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Computation of current price of share
The Brennan CO. just paid dividend of $1.40 per share on its stock. The dividends are expected to grow at a constant rate of 6% per year indefinitely. If investors require a 12% return on the stock,
a. What is the current price?
b. What will be the price in 3 years?
c. What will be the price in 15 years?
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National newsmagazine publishes the article on efforts to limiting smoking in public places.
adjust the financial statements on posting Balance Sheet and Material loss on a year-end receivable because of a customer's bankruptcy
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