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Analysts expect the following dividends from SE Corp.: a dividend of $2.74 per share will be paid tomorrow. One year from now a dividend of
Analysts expect the following dividends from SE Corp.: a dividend of $2.74 per share will be paid tomorrow. One year from now a dividend of $3.14 will be paid, two years from now a dividend of $3.88, and thereafter dividends are expected to grow at a constant rate of 7% per year permanently. According to the analysts, the cost of equity of the company will remain at 8.1%. The current share price is closest to (nearest cents) Select one: a. $329.20 Ob. $331.94 c. $307.74 Od. $326.46
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