[Solved] Company XYZ just payed a dividend of $5,

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Company XYZ just payed a dividend of $5, it plans to increase the dividend by 4% per year for 5 years and then reduce the

Company XYZ just payed a dividend of $5, it plans to increase the dividend by 4% per year for 5 years and then reduce the dividend by 2% afterwards. What is the stock price? Discount rate is 10%. $50.69 $52.04 $53.5 $17.40

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