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a company has a very curious policy regarding its dividends. The company just paid a dividend of $ 6 per common share and has announced
a company has a very curious policy regarding its dividends. The company just paid a dividend of $ 6 per common share and has announced that the dividend will increase by $ 2 each year for the next four years. Thereafter, it will stop paying dividends. If you demand an annual return of 11%, how much will you have to pay for each share
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