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Mind-The-Gap Corp

Question 66

Essay

Mind-The-Gap Corp.is selling for $30 a share.In looking at the stream of dividends over the past ten years,you find out that the first dividend was $1.00 and the last dividend was $2.00.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 = $2...

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