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A company just paid a dividend of $6 and expects the dividend to decrease 10% this year, decreases 20% next year and then grow at
A company just paid a dividend of $6 and expects the dividend to decrease 10% this year, decreases 20% next year and then grow at a constant rate of 5% thereafter. If your required rate of return for the company is 10%, what is the per share value today?
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