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HAH Corp estimated the following data: The dividend will grow as follows year growth rate 1 8% 2 7% 3 6% 4 to n 5%
HAH Corp estimated the following data: | |
The dividend will grow as follows | |
year | growth rate |
1 | 8% |
2 | 7% |
3 | 6% |
4 to n | 5% |
Rate of return | 8% |
Last dividend paid | $0.20 |
Find expected price for year 3, E(P3) |
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