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3. Hannah Corporation has just paid Php 0.20 dividend per share. The market return is 5%. The dividend is expected to grow by 2% every

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3. Hannah Corporation has just paid Php 0.20 dividend per share. The market return is 5%. The dividend is expected to grow by 2% every year. What is the current market value of the stock? What will the stock be worth in four years? If the stock is selling at Php5, is it worth buying? Why? 10 points

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