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9. The Three Amigos just paid an annual dividend of $.60 per share but plans to double that amount each year for three years. After

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9. The Three Amigos just paid an annual dividend of $.60 per share but plans to double that amount each year for three years. After that, the firm expects to maintain a constant dividend. What is the value of this stock today if the required return is 16 percent? A. $25.11 B. $24.17 C. $26.76 D. $28.34 E. $27.05

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