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Bayou Okra Farms just paid a dividend of $300 on its stock The growth rate in dividends is expected to be a constant 4 percent per year indefinitely Investors require a return of 11 percent for the

Bayou Okra Farms just paid a dividend of $300 on its stock The growth rate in dividends is expected to be a constant 4 percent per year indefinitely Investors require a return of 11 percent for the

Bayou Okra Farms just paid a dividend of $3.00 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year indefinitely. Investors require a return of 11 percent for the first three years, a return of 9 percent for the next three years, and a return of 7 percent thereafter. What is the current share price?

 
mahesh 14-Apr-2020

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