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3. Consider the following three stocks: Stock A is expected to provide a dividend of $10 a share forever starting one year from now (time

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3. Consider the following three stocks: Stock A is expected to provide a dividend of $10 a share forever starting one year from now (time t = 1). Stock B is expected to pay a dividend of $5 one year from now (time t = 1). Thereafter, dividend growth is expected to be 4 percent a year forever. Stock C is expected to pay a dividend d $5 one year from now (time t = 1) Thereafter, dividend growth is expected to be 20 percent a year for 5 years (ending at time t =6) and then zero (i.e. the dividends stop growing) thereafter. If the discount rate for each stock is 10 percent, what is the price of each stock

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