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QUESTION
Pharmecology is about to pay a dividend of $1.60 per share. It's a mature company, but future EPS and dividends are expected to grow with inflation,...
Pharmecology is about to pay a dividend of $1.60 per share. It’s a mature company, but future EPS and dividends are expected to grow with inflation, which is forecasted at 4.00% per year. The nominal cost of capital is 10.75%.a. What is Pharmecology’s current stock price?
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