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El Caporal just paid an annual dividend of $.50 per share but plans to double that amount each year for three years. After that, the
El Caporal just paid an annual dividend of $.50 per share but plans to double that amount each year for three years. After that, the firm expects to maintain a constant dividend. What is the value of this stock today if the required return is 13 percent? O $2412 $26.55 $27.86 $29.64 $28.44
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