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Antiques ‘r' us is a mature manufacturing firm. the company just paid a $12.40 dividend, but management expects to reduce the payout by 5.25 percent per year, indefinitely. required: if you require

Antiques ‘r' us is a mature manufacturing firm. the company just paid a $12.40 dividend, but management expects to reduce the payout by 5.25 percent per year, indefinitely. required: if you require a 8 percent return on this stock, what will you pay for a share today

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