Required if you require an 18 percent return on this stock


Bigs R Us is a mature manufacturing firm. The company just paid a $14 dividend, but management expects to reduce the payout by 12 percent per year indefinitely.

Required: If you require an 18 percent return on this stock, what will you pay for a share today?

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Finance Basics: Required if you require an 18 percent return on this stock
Reference No:- TGS02346396

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