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Cates Glass recently paid $ 3 . 6 0 as an annal dividend. Future dividends are projected at $ 3 . 8 5 , $
Cates Glass recently paid $ as an annal dividend. Future dividends are projected at $$ and $ over the next three years, respectively. Beginning four years from now, the dividend is expected to increase by percent annually. What is one share of this stock worth today at a discount rate of percent?
$
$
$
$
None of these answers are correct
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