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Current value of a share of augat common stock

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Reference no: EM132093475

Problem: What is the current value of a share of Augat common stock if its current dividend is $1.50 and dividends are expected to grow at the annual compound growth rate of 20 percent into the foreseeable future? Assume the investor has a required rate of return of 15 percent, and expects to sell the security in 5 years.

Reference no: EM132093475

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