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If possible use a financial calculator OMG Corporation just paid a $2.70 annual dividend on each share. It is planning on increasing its dividend by

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If possible use a financial calculator

OMG Corporation just paid a $2.70 annual dividend on each share. It is planning on increasing its dividend by 20 percent a year for the next 4 years. The corporation will then decrease the growth rate to a rate of 4 percent per year, and keep it that way indefinitely. The required rate of return is 8.20 percent. Calculate the current value of one share of this corporation's stock

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