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ipts D Question 25 DOC just paid a dividend of $0.46 (Do) a share. The dividends are expected to increase by 30 percent a year

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ipts D Question 25 DOC just paid a dividend of $0.46 (Do) a share. The dividends are expected to increase by 30 percent a year for the next 2 years and then increase by 2 percent annually forever thereafter. What is the current value of a share'i the appropriate discount rate is 15 percent? (Round final answer to two decimal places.) $5.72 O $6.91 O $5.38 O $6.26 O $6.42 Nos

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