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PLEASE HELP ILL UPVOTE YOUR ANSWER IF YOURE CORRECT Question 12 0.8 pts WMTA just paid a dividend of $5 per share. Analysts expect its
PLEASE HELP ILL UPVOTE YOUR ANSWER IF YOURE CORRECT
Question 12 0.8 pts WMTA just paid a dividend of $5 per share. Analysts expect its dividend to grow at 26% per year for the next three years and then 1% per year thereafter. If the required rate of return on the stock is 9%, what is the current value of the stock? Round your answer to the nearest two decimals. Do not type the $ symbol Step by Step Solution
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