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Balamurugan Petroleum expects three years of exceptionally slow growth as a result of the pandemic. Their dividend of $1.0 (D) will increase by 1%

 

Balamurugan Petroleum expects three years of exceptionally slow growth as a result of the pandemic. Their dividend of $1.0 (D) will increase by 1% for three years before returning the regular growth rate of 5%. Find the value of the shares today if Ke is 13.3%. Your Answer:

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