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A stock is expected to pay dividends of $1.36 per share in Year 1 and $1.56 per share in Year 2. After that, the
A stock is expected to pay dividends of $1.36 per share in Year 1 and $1.56 per share in Year 2. After that, the dividend is expected to increase by 5% annually. What is the current value of the stock at a discount rate of 15% (in $ dollars) ? $
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
