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please show all steps with formula. dont use excel. 16.XYZ Inc. just paid a dividend of $0.75. It plans to increase its dividend by 60%
please show all steps with formula. dont use excel.
16.XYZ Inc. just paid a dividend of $0.75. It plans to increase its dividend by 60% per year for 3 years and then keep in constant thereafter. What is current price of a share in XYZ Inc. if the required rate of return on the stock is 10% per year Step by Step Solution
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