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Darnell What about Kraft Heinz. They currently pay an annual dividend of $5.16 and we expect that to grow at a constant rate of 3.1%.

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Darnell What about Kraft Heinz. They currently pay an annual dividend of $5.16 and we expect that to grow at a constant rate of 3.1%. Assuming the market requires a(n) 9.4% return from Kraft Heinz, what is their stock worth? (Answer with 2 decimals.) $81.9 Correct! It seems risky to assume they will always increase their dividend in the future. E nm Hint - Use the two stage growth model Good point. How much is their stock worth if they were to stop growing their dividend at 3.1% after 5 years and instead grow at 2.0% after that, indefinitely? (Answer with 2 decimals). Darnell - Enter a response then click Submit below $

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