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A share of stock has the following expected dividends for the next uincer Year Dividend 1$3.10 2$3.42 3$4.50 After year three, this stock's dividend will

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A share of stock has the following expected dividends for the next uincer Year Dividend 1$3.10 2$3.42 3$4.50 After year three, this stock's dividend will go into steady state. The firm expects that is divdend payout rate will be 80.0 percent and that is return on equity will be 20.0 percent If the investor's required rate of return is 15.0 percent, then determine the stocks curreat Near o) eppected dvidend yield

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