Amos, Inc., is expected to pay equal dividends at the end of each of the next two

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Amos, Inc., is expected to pay equal dividends at the end of each of the next two years. Thereafter, the dividend will grow at a constant annual rate of 4 percent forever. The current stock price is $76. What is next year’s dividend payment if the required rate of return is 9.8 percent?

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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