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4. First estimate the amount of each of the next two dividends and the terminal value. The current value is the sum of the present
4. First estimate the amount of each of the next two dividends and the terminal value. The current value is the sum of the present value of these cash flows, discounted at 8.5%. Vo 0 $1.00(1+.20) (1+085) + $1.00(1+.20) $1.00(1+.20) x (1.04)/(.085-.04) (1+085) + 09512 Do (42
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