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Just the calculations please ASAP 1. The DARAZ Company last paid their dividend of $2 to the stockholders. For the first 3 years the dividend

image text in transcribed Just the calculations please ASAP

1. The DARAZ Company last paid their dividend of $2 to the stockholders. For the first 3 years the dividend will grow at a 5% and then next 2 years the rate of growth changes to 4% percent .After that the growth rate will be 3% for the foreseeable future. The required rate of return is 10 percent. If you want to buy the stock maximum how much you should pay for it? Marks 10

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