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Casey's Hotels, Incorporated currently pays a $3.10 common stock dividend. Dividends have been recently growing at a 15% annual rate and are expected to continue
Casey's Hotels, Incorporated currently pays a $3.10 common stock dividend. Dividends have been recently growing at a 15% annual rate and are expected to continue growing at this rate for the next 2 years. Then dividends are expected to continue growing at a 10% rate for another 2 years (years 3 and 4) and thereafter the growth rate is expected to be 5% for the foreseeable future. 2) How many cash flow years do you have in the General Dividend Valuation Model? O 1 year O 2 years O 3 years O 4 years
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