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2.25/3 Ted McKay has just bought the common stock of Puro Corp Management of Pharoah spects the company expects to grow at the following rates

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2.25/3 Ted McKay has just bought the common stock of Puro Corp Management of Pharoah spects the company expects to grow at the following rates for the next three years: 40 percent, 35 percent, and 25 percent. Last year the company nalda dividend of $2.10 Assume required rate of return of 11 percent (1) (2) (13) (14) Compute the present value of these dividends if the required rate of return is 11 percent Round ontwerte 2 decimal places 5.15.25 Previvalie 3

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