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please I need full steps with answer. If the next year's dividend was $2 per share and all future dividends will decrease by 5 percent
please I need full steps with answer. If the next year's dividend was $2 per share and all future dividends will decrease by 5 percent annually. What is the stock worth today at a required return of 15 percent? Selected Answer: 19 Answers: 9.5 19 10 You observe a stock price of $17. You expect a dividend growth rate of 5% and the next year's dividend was $1.70. What is the required return? Selected Answer: 15.5% Answers: 15% 10% 15.5%
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