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-3 The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 17

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-3 The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 17 percent a year for the next 4 years and then decreasing the growth rate to 6 percent per year. The company just paid its annual dividend in the amount of $2.40 per share. What is the current value of one share of this stock if the required rate of return is 7.90 percent? 01:32:37 Multiple Choice $185.11 $250.90 $199.31 $253.30 $196,91

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