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Francis Inc.'s stock has a required rate of return

Francis Inc.'s stock has a required rate of return


Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $57.50 per share.  The dividend is expected to grow at a constant rate of 6.00% per year.  What is the expected year-end dividend, D1?



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26 Mar 2016

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    Francis Inc.'s stock has a required rate of return

    Francis Inc.'s stock has a required rate of return ****** ******
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