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Please I need answer for Q9 Question 9 ( 3 points) A company issued a dividend of $1.00(D0) this year, which is expected to grow
Please I need answer for Q9
Question 9 ( 3 points) A company issued a dividend of $1.00(D0) this year, which is expected to grow at 15% per year for the next 2 years and 5% per year thereafter. The required rate of return is 15% per year. Use the two-growth dividend discount model to complete the following table. 1. 2 2. 15 D3 = 3. 5 4. 1.15 g2 = 5. 1.33 6. 1.38 g1= 7. 12.45 8. 1.00 rs= 9. 2.45 N= 10. 15.37 11. 20 D2 = 12. 2.44 Step by Step Solution
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