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MC algo 7-36 Supernormal Growth General Importers announced that it will pay a dividend of $4.20 per share one year from today. After that, the
MC algo 7-36 Supernormal Growth General Importers announced that it will pay a dividend of $4.20 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next 4 years. Then, 6 years from today, the company will begin paying an annual dividend of $2.30 forever. The required return is 12.5 percent. What is the price of the stock today? O $15.22 3$18.40 O $13.94 O $12.81 O $3.73
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