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Famous Antiquities Inc

Question 63

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Famous Antiquities Inc.is selling for $48 per share.In looking at the stream of dividends over the past seven years,you find out that the first dividend was $0.50 and the last dividend was $3.85.What is the firm's growth rate of dividends? What is the firm's expected return?

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Using the formula g = blured image - 1,where FV = $3...

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