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Benning Company has a current semi annual dividend of $.50 and a constant growth rate of 5%. a. Compute the current value of the shares
Benning Company has a current semi annual dividend of $.50 and a constant growth rate of 5%.
a. Compute the current value of the shares if Ke is 8%
b. The following year growth increases to 6% and rates rise making the Ke 10% find the
new value of the shares.
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