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Please double check your work and show all steps! Please use this to check your work: https://www.chegg.com/homework-help/questions-and-answers/question-8-1-pts-zzz-industries-paid-dividend-198-per-share-dividends-expected-grow-20-per-q44382470?trackid=RtCmGpOg Question 8 1 pts ZZZ Industries just paid
Please double check your work and show all steps! Please use this to check your work: https://www.chegg.com/homework-help/questions-and-answers/question-8-1-pts-zzz-industries-paid-dividend-198-per-share-dividends-expected-grow-20-per-q44382470?trackid=RtCmGpOg
Question 8 1 pts ZZZ Industries just paid a dividend of $1.52 per share. The dividends are expected to grow at a 28 percent rate for the next 4 years and then level off to a 4 percent growth rate indefinitely. If the required return is 10.53 percent, what is the value (in $) of the stock today? Answer to two decimals, carry intermediate calculations to four decimalsStep by Step Solution
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