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MainCup Inc. just paid a dividend of $2.50 per share. The dividends are expected to increase by 20 percent per year for the next two
MainCup Inc. just paid a dividend of $2.50 per share. The dividends are expected to increase by 20 percent per year for the next two years and then increase by 3 percent annually thereafter. What is the current value per share is the appropriate discount rate is 12 percent? A. $35.52 B. $38.39 C. $41.27 D. $45.69
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