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Description
g = Perpetual growth rate r = Stable cost of equity (hurdle rate) D1 = Value of next years dividends P = Current stock price British American Tobacco targets a ~65% payout ratio of adjusted diluted EPS

The causes of tobacco addiction are genetics, self-medication for mental health disorders, pleasure, use as stress relief, and influence of marketing

FDA regulates tobacco products containing nicotine from any source, including non-tobacco nicotine (NTN), such as synthetic nicotine

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[cited 2023 Oct 1]
