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a firm is planning on paying its first dividend of $3 three years from today. After that, dividends are expected to grow at 4% per

a firm is planning on paying its first dividend of $3 three years from today. After that, dividends are expected to grow at 4% per year indefinitely. The stock's required return is 14%. What should be the value of a share today?

A. 23.08

B. 20.25

C.30.0

D. 21.42

E. 32.4

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