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Assume Silvios Steakhouse paid the dividend of $4.05 this year. For the next 25 years, the firms dividend will grow by 5.7%, then it will
Assume Silvios Steakhouse paid the dividend of $4.05 this year. For the next 25 years, the firms dividend will grow by 5.7%, then it will grow by 4.6% each year afterwards. The required rate of return for the firms industry is 11.3%. What is the present value of the firms stock under the Dividend Discount Model? Assume that this year's dividend has been paid already. Group of answer choices $65.43 $17.39 $55.41 $72.81
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