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Jabroni Inc. has paid a dividend of $ 2 . 0 a share last year. Yesterday, the firm announced that the dividend will increase by
Jabroni Inc. has paid a dividend of $ a share last year. Yesterday, the firm announced that the dividend will increase by percent each year for the next three years, after which time the dividends will increase by percent annually. The required return on this stock is percent. What is the current value per share? $ $ $ $
Jabroni Inc. has paid a dividend of $ a share last year. Yesterday, the firm announced that the dividend will increase by percent each year for the next three years, after which time the dividends will increase by percent annually. The required return on this stock is percent. What is the current value per share?
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