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9. A relatively new firm has the dividend payment history shown in the table below suppose this stock sells for $8.00 per share estimate the

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9. A relatively new firm has the dividend payment history shown in the table below suppose this stock sells for $8.00 per share estimate the shareholders required rate of return using the dividend discount model with the following: Year Dividend Paid 2010 0 2011 0 2012 0 2013 0 2014 0.10 2015 0.13 2016 0.15 2017 0.18 a) The dividend growth rate calculated over the firm's entire history b) The growth rate calculated over the actual dividend paying history only c) Why are the two answers different? Which do you think is most meaningful? 9. A relatively new firm has the dividend payment history shown in the table below suppose this stock sells for $8.00 per share estimate the shareholders required rate of return using the dividend discount model with the following: Year Dividend Paid 2010 0 2011 0 2012 0 2013 0 2014 0.10 2015 0.13 2016 0.15 2017 0.18 a) The dividend growth rate calculated over the firm's entire history b) The growth rate calculated over the actual dividend paying history only c) Why are the two answers different? Which do you think is most meaningful

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