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AuthorizedDir.com / Kids and Teens / TMS just paid an annual dividend of $2.84 per share on its stock. The dividends are expected to grow

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TMS just paid an annual dividend of $2.84 per share on its stock. The dividends are expected to grow

https://www.crazyforstudy.com/question/tms-just-paid-an-annual-dividend-of-2-84-per-share-on-its-stock-the-dividends-are-3271028
Category: Kids and Teens  
TMS just paid an annual dividend of $2.84 per share on its stock. The dividends are expected to grow at a constant rate of 1.85 percent per year. If investors require a rate of return of 10.4 percent, what will be the stock price be in Year 11? A. $41.71

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