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a. What is its value if the previous dividend was D0=$2.50 and investors expect dividends to arow at a constant annual rate of (1)6%,(2) o%,

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a. What is its value if the previous dividend was D0=$2.50 and investors expect dividends to arow at a constant annual rate of (1)6%,(2) o\%, (3)3%, of (4) 5\%? Do not round intermediate calculations. Round your answers to the nearest cent. (1) $ (2) 5 (3) $ (4) 3 b. Using data from part a, what would the Gordon (constant growth) model value be if the required rate of return was 8% and the expected erowth rate was (1) 8%.or.(2).12\%? Round your answers to the nearest cent. If the value is undefined, enter N/A. (1) 5 (2) 5

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