What is the market value of this stock if dividends grow at


Nyeil is a consumer products firm that is growing at a constant rate of 6.5 percent. The firm’s last dividend was R3.36. If the required rate of return is 18 percent, what is the market value of this stock if dividends grow at the same rate as the firm?

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Financial Management: What is the market value of this stock if dividends grow at
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