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a firm has just declared that its dividend next year will be $5,20 per share.That rate of payment will continue for an additional 4 years

a firm has just declared that its dividend next year will be $5,20 per share.That rate of payment will continue for an additional 4 years , after which the dividends will fall back to their usual $4.20 per share.The discount rate is 9 percent .

what is the present value of all the future dividends ?

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