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Grand View University - Summer 2012 | ||
Section A | ||
 | CFIN 2 (with Finance CourseMate with eBook Printed Access Card) (2nd Edition) by Scott Besley, Eugene F. Brigham, Besley/Brigham Paperback, 336 Pages, Published 2011 ISBN-10: 1-111-53373-3 / 1111533733 ISBN-13: 978-1-111-53373-1 / 9781111533731 250104 015004 260 011 $. 2364 = = = P 0 Again, the new price is lower ( 19.7%) than the original price of $29.44. In this case, however, the price is lower because the cash flows that the stock is expected to provide are smaller than expected previously. From this simple example, you should have | |