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Martin's Inc. is expected to pay annual dividends of $2.50 a share for the next three years After that, dividends are expected to increase by

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Martin's Inc. is expected to pay annual dividends of $2.50 a share for the next three years After that, dividends are expected to increase by 3% annually. What is the current value of this stock t you if you require a 9% rate of return on this investment? A) $41.81 B) $40.11 C) $42.92 D) $39.47 Ivonne has bought shares of RIO, Inc. stock for $25.00 Per share. She expects a100 dividend at the end of this year. After 2 years, she expects to receive a dividend of $1.25 and to sell the stock for $28.75. What is Ivonne's required rate of return? A) 4.0% B) 24.0% C) 15.2% D) 11.6% Upwind Tours just announced that it will pay an annual dividend of $3 60 a share one year from now. Two years from now, the company expects to pay a $28 share liquidating dividend. After that, the company will cease operations. What is the current value per share at a discount rate of 12.5 percent? A) $25.32 B) $23.88 C) $24.97 D) $2916

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