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1. The VP Finance for Slam. is planning out a future dividend stream. She believes Slam can increase its dividend by 4% per year for
1. The VP Finance for Slam. is planning out a future dividend stream. She believes Slam can increase its dividend by 4% per year for the next 4 years. After that earnings growth will slow and dividends will actually drop by 2% per year thereafter. Using this dividend information and assuming a 10% cost of equity (for this problem only) what should be the value of Slam's stock today? (10 Marks)
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