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EOC Problems 1 1 - 1 8 Question 1 1 of 1 5 eBook Problem 1 1 - 1 8 - Dividend Discount Model A
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Problem Dividend Discount Model
A company paid a $ pershareperyear dividend last year. It is expected to increase at an annual growth rate to year five. After year five, the dividend will grow at per year indefinitely. Suppose that the required rate of return is
table$
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