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Please respond ASAP 2. Kool Eyeglasses Inc. is forecasting its dividends on its common stock over the next four years to be as follows: a
Please respond ASAP
2. Kool Eyeglasses Inc. is forecasting its dividends on its common stock over the next four years to be as follows: a $3.00 dividend in year one, a $3.50 dividend in year 2 , no dividend in year three, and a $4.50 dividend in year 4 . The company also expects that dividends will grow at 6.5% yearly thereafter. Find the stock price today. Assume that r=10% Step by Step Solution
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