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Company is planning on increasing its annual dividend by 15% per year for the next 4 years and then altering the growth rate to 3.5%
Company is planning on increasing its annual dividend by 15% per year for the next 4 years and then altering the growth rate to 3.5% per year. The company just paid its annual dividend in the amount of $0.20 per share. What is the current value of one share of stock if the required rate of return in 15.5%
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