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Magnetic Corporation expects dividends to grow at a rate of 1 9 . 2 0 % for the next two years. After two years dividends
Magnetic Corporation expects dividends to grow at a rate of for the next two years. After two years dividends are expected to grow at a constant rate of indefinitely. Magnetics required rate of return is and they paid a $ dividend today. Find the value of Magnetic Corporations common stock per share by computing:
Dividend at the end of Year :
Dividend at the end of Year :
Dividend at the end of Year :
Price of stock at end of year :
Price of stock today:
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