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hi I need help answering the following questions step-by-step thank you > Question 9 10 pts A company just paid out an annual dividend of
hi I need help answering the following questions step-by-step thank you
> Question 9 10 pts A company just paid out an annual dividend of $2. If the annual dividend will grow by 10% for each of the next 3 years, and the firm will never pay any more dividends, what should be the price of a share today? Assume that the required rate of return for the stock is 15%. $7.28 O $5.49 O $4.77 O $6.56 Step by Step Solution
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