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* ANSWER THIS QUESTION: From # 1 , assume you buy now and sell in 1 0 years. What is your Present Value? # 1

*ANSWER THIS QUESTION: From #1, assume you buy now and sell in 10 years. What is your Present Value?
#1) Peter Brothers Inc. is expected to pay a $0.50 per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock is 15%. What is the value per share of the company's stock? Also estimate the dividend yield and the capital gains yield over the first year.
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