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Percent return on nortel inc

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Reference no: EM131478459

Nortel Inc. stock just paid a dividend of $1.10 per share. The dividend is expected to remain constant at this amount, indefinitely.

a. If investors require a 10 percent return on Nortel Inc. stock, what is the current price?  

b. What will the price be in 8 years?

Reference no: EM131478459

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