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5 points Save Answer Kean Co.just paid a dividend of $2.95 per share. The company will increase its dividend by 2096 next year and will
5 points Save Answer Kean Co.just paid a dividend of $2.95 per share. The company will increase its dividend by 2096 next year and will then reduce its dividend growth rate by 5% per year until it reaches the industry average of 596 dividend growth, after which the company will keep a constant growth rate forever. Given the required return for Kean's stock is 13%, what will a share of Kean's stock sell for today? For the toolbar, press ALT+F10 (PC) or ALT=FN+F10 (Mac). s Paragraph Arial v 14px V V TE 4 1 P O WORDS POWERED BY TINY A Click Submit to complete this assessment. Question 21 of 21
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