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8 BNL corporation has just distributed a 4$ dividend. The company has announced that dividend payments will grow by 5% in next year, 3% in

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8 BNL corporation has just distributed a 4$ dividend. The company has announced that dividend payments will grow by 5% in next year, 3% in two years and 10% in three years. If the dividends are expected to grow by 3% thereafter, what is the price of a BNL share today? (required rate of return: 8%) (10 Points) 90.52 85.25 87.33 89.19 forms.office.com/Pages/Resi Assume an investment opportunity which provides the following cash flows: 17,000$ in one year, 10,000$ in two years, 8,500$ in three years, 12,000$ in four years and 5,000$ in five years. If the relevant required rate of return for this investment is 8%, what is the investment's value in year three? 5 (15 Points) 55,154 53,633 51,081 54,527

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