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Nachman Industries just paid a dividend of Do = $3.50. Analysts expect the company's dividend to grow by 30% this year, 10% in year 2,
Nachman Industries just paid a dividend of Do = $3.50. Analysts expect the company's dividend to grow by 30% this year, 10% in year 2, and at a constant rate of 5% in Year 3 and thereafter. The required rate on this low-risk stock is 9.00%. What is the best estimate of the stock's current market value? Nachman Industries just paid a dividend of D0=53.50. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2 , and at a coaitant rate of 5% in Year 3 and thereafter. The required retum ea this low ritk stock is 9.00%. What is the best estimate of the stock's current market value? Do not round internediate calculations. 513919 5129,67 $11897 593.98 511302
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