Wald incs stock has a required rate of return of 13 and it


Wald Inc's stock has a required rate of return of 13%, and it sells for $95 per share. Wald's dividend is expected to grow at a constant rate of 7% per year. What is the expected year-end dividend, D1?

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Finance Basics: Wald incs stock has a required rate of return of 13 and it
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