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45. A company is expected to pay their first annual dividend at the end of this year. That payment will be $0.50 a share. The
45.
A company is expected to pay their first annual dividend at the end of this year. That payment will be $0.50 a share. The company will increase the dividend by 4% per year in the future. The required return is 12%. What is the estimated value of this stock today?
$4.98 | ||
$5.65 | ||
$5.98 | ||
$6.25 |
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