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hi I need help answering the following questions step-by-step thank you A company just paid out an annual dividend of $5. The dividend amount will
hi I need help answering the following questions step-by-step thank you
A company just paid out an annual dividend of $5. The dividend amount will grow at 3% annually forever. If you buy a share today and sell it at year 5, how much of a capital gain (not including the dividend yield) would you expect? Assume that the required rate of return for this stock is 10%. O $11.72 $13.49 O $15.93 $12.74 Step by Step Solution
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