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EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 5P
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If a company pays dividend at a
growing rate of 2% and investor's
expectation from its stock is 12% what
would be its stock price. Company
paid Rs. 20/share as dividend this
year.
О 200
O 204
О 170
O 195
Transcribed Image Text:If a company pays dividend at a growing rate of 2% and investor's expectation from its stock is 12% what would be its stock price. Company paid Rs. 20/share as dividend this year. О 200 O 204 О 170 O 195
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