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den P Dunkirk Co. just paid an annual dividend of $2.40 a share. The firm's dividend would increase by 8 percent a year for the

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den P Dunkirk Co. just paid an annual dividend of $2.40 a share. The firm's dividend would increase by 8 percent a year for the next two years. After that, the annual dividend growth rate is estimated at 3 percent forever. The required rate of return is 12 percent (a) (1.5 points) Compute D1, D2, D3, and P2. (b) (1 point) What is this stock worth today? Paragraph BI 66 E F Dat

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