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29. a) What is the value of a stock that is expected to pay a constant dividend of S4 per year if the required retum

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29. a) What is the value of a stock that is expected to pay a constant dividend of S4 per year if the required retum is 16% ? b) What if the company starts increasing dividends by 6% per year, beginning with the next dividend? The required return stays at 16%. c) For part b) what is the Dividend Yield (DY) and the Capital Gains Yield (CGY) for this stock

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