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3. The Brothers Corporation just paid an annual dividend of AED 4 per share on its common stock. The dividend is expected to grow at

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3. The Brothers Corporation just paid an annual dividend of AED 4 per share on its common stock. The dividend is expected to grow at a rate of 16 percent over the next four years It will then grow at a normal, constant rate of 9 percent for the foreseeable future. The required rate of return is 12 percent. Compute the current value of the stock

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