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What's the equation and answer in excel?

What's the equation and answer in excel?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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What's the equation and answer in excel? 

F27 AutoSave Off H Chapter 5 Worksheet Student Template 2 3 Pp 4 5 Dp 6 View Help File Home Insert Page Layout Formulas Data Review PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Par 7 RP 8 9 10 11 12 13 14 15 16 17 18 19 B C D E F G H I J K L M N 0 P A International Inc. just paid a dividend of $1.95. It is expected to grow its dividend at 3.15% each year thereafter. If investors require an 8% return, what is the current price? Stated 5% $ 64.00 100 $ 5.00 20 21 22 23 24 25 - X ✓ fx 26 27 28 29 Protected View 0 Search (Alt-Q) Problem 10 Enable Editing →
Transcribed Image Text:F27 AutoSave Off H Chapter 5 Worksheet Student Template 2 3 Pp 4 5 Dp 6 View Help File Home Insert Page Layout Formulas Data Review PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Par 7 RP 8 9 10 11 12 13 14 15 16 17 18 19 B C D E F G H I J K L M N 0 P A International Inc. just paid a dividend of $1.95. It is expected to grow its dividend at 3.15% each year thereafter. If investors require an 8% return, what is the current price? Stated 5% $ 64.00 100 $ 5.00 20 21 22 23 24 25 - X ✓ fx 26 27 28 29 Protected View 0 Search (Alt-Q) Problem 10 Enable Editing →
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