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Carpenter Plumbing is experiencing growth so its management team has decided to begin paying dividends starting next year. The first dividend will be $ .
Carpenter Plumbing is experiencing growth so its management team has decided to begin paying dividends starting next year. The first dividend will be $ a share with annual increases of percent in the dividend amount. The discount rate is percent. What will the value of this stock be four years from now?
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$
$
$
$
$
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