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--------------- I do not want a detailed answer. I want the final answer as soon as possible. Solve quickly I get you thumbs up directly
--------------- I do not want a detailed answer. I want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir
PALTEL Communications is a firm in a rapidly growing industry, the company is planning on increasing its annual dividend by 14 percenta year for the next 5 years and then decreasing the gro!th rate to 5.3 percent per year. The company just paid its annual dividends in the amount of $0.50 per share. What is the approximate current value of one share of this stock if the required rate of return is 17percent" Select one: O a. cannot be calculated O b.7 O c. 1.84 O d. 6.3 O e. 3.5Step by Step Solution
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