If gillilands return on equity is 21percent and its


Gilliland? Motor, Inc., paid a ?$3.56 dividend last year. If? Gilliland's return on equity is 21?percent, and its retention rate is 25 ?percent, what is the value of the common stock if the investors require a rate of return of 18 ?percent?

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Financial Accounting: If gillilands return on equity is 21percent and its
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