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5 points 5. Yamaha company has provided you with the following schedule for dividends payment: S2 S3 Date Dividends End of 2020 End of 2021

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5 points 5. Yamaha company has provided you with the following schedule for dividends payment: S2 S3 Date Dividends End of 2020 End of 2021 End of 2022 S4 After 2022, the dividends are expected to grow at 7% per year indefinitely Assume that the appropriate market capitalization rate is 12%, the stock should be worth _today. 0 a. $71.00 O b c. $96.90 d. $95.34 b. $64.14 e. None of the above

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