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Question
The stock of Autumn Leaves Inc.'s closest competitors is priced to yield between 11% and 13%. Autumn Leaves stock pays a $1.00 dividend which is expected to grow at about 4% for the foreseeable future. We would expect Autumn Leaves stock to sell for approximately:A) $8.33.
B) $25.00.
C) $11.00.
D) $13.00.
Answer
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Related questions
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