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Kean Corporation pays a dividend of $1.5 on 12/31/2022. Using the dividend discount model, assuming dividends grow at 5% per year for the next year
Kean Corporation pays a dividend of $1.5 on 12/31/2022. Using the dividend discount model, assuming dividends grow at 5% per year for the next year and at 4% thereafter, what is the value per share of Kean Corporation at 12/31/2022. Show your calculations based on a discount rate of 8%
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