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QUESTION
Poutine Professionals Inc. has just paid a dividend of $0.55 per share. The dividends are expected to grow at an annual rate of 5 percent...
Poutine Professionals Inc. has just paid a dividend of $0.55 per share. The dividends are expected to grow at an annual rate of 5 percent indefinitely. What is today's stock price if the required return is 12.5 percent?
