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ABC is expected to pay a dividend of $2.9 per share at the end of the year. The stock sells for $198 per share, and its required rate of return is 19.3%. The dividend is expected to grow at some constant rate, g, forever. What is the growth rate (i.e. solve for g)?
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What role will technological advancement play in the future evolution of firms and industries?
Entrepreneurs often have more than one goal for starting a business and becoming self-employed. Which of the following reasons is the LEAST common goal of entrepreneurs?
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