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Intro A stock just paid an annual dividend of $3.13. The dividend is expected to grow by 10% per year for the next 5 years.
Intro A stock just paid an annual dividend of $3.13. The dividend is expected to grow by 10% per year for the next 5 years. It will then grow by 2% per year forever. The required rate of return is 11%. 18 Attempt 4/10 for 5 pts. Part 1 What is the dividend in year 5? 1+ decimals Submit Attempt 1/10 for 10 pts. Part 2 What is the terminal value (P5)? 0+ decimals Submit B Attempt 1/10 for 10 pts. Part 3 What is the value of the stock? 1+ decimals Submit
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