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Moblies R Us inc. is in a rapidly growing industry. The company is planning on increasing its annual dividend by 25% a year for the
Moblies R Us inc. is in a rapidly growing industry. The company is planning on increasing its annual dividend by 25% a year for the next three years and then decreasing the growth rate to 6% per year. The compary just paid its annual dividend in the amount of 50.80 per share. What is the current value of one share of this stock if the required rate of return is 17% ? Multiple Chaice 1117 $12.14 31506 $1294 51427
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