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7 red 00 The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend
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red 00 The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 18 percent a year for the next 4 years and then decreasing the growth rate to 3 percent per year. The company just paid its annual dividend in the amount of $2.50 per share. What is the current value of one share of this stock if the required rate of return is 8.00 percent? cion Select one a. $85.93 b. $99.85 c. $88.43 d. $73.39 e. $102.35
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