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HS Inc. is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $0.90

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HS Inc. is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $0.90 a share but all future dividends will be decreased by 3.50% annually. What is a share of this stock worth today at a required return of 17.80%? When answering the question, fill in the input(s) below that is (are) necessary to solve the problem and write down your final answer! Do A/ D1 = A Po = R = A AJ Your Answer = *

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