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please answer all parts 16. Future Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three years,
please answer all parts
16. Future Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 14 percent and the company just paid a $2.50 dividend, what is the present value of the stock? 17. You will deposit $2,000 at the end of each of next 3 years. If the interest rate is 10% (annual compounding), how much will you have accumulated in 26 years Step by Step Solution
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