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A company paid a dividend today of $2.50 per share. It will pay a dividend at the end of next year and at the end
A company paid a dividend today of $2.50 per share. It will pay a dividend at the end of next year and at the end of every year thereafter, but the dividend per share is expected to grow at 6% per year. The appropriate risk adjusted discount rate is 14% per year. What is the value of the stock? Select one: O a. $34.54 O b. $31.25 O c. $33.13 O d. $27.97
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