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Premier, Incorporated, has an odd dividend policy. The company has just paid a dividend of $ 3 . 7 5 per share and has announced
Premier, Incorporated, has an odd dividend policy. The company has just paid a dividend of $ per share and has announced that it will increase the dividend by $ per share for each of the next four years, and then never pay another dividend. If you require a return of percent on the company's stock, how much will you pay for a share today? Note: Do not round intermediate calculations and round your answer to decimal places, eg Answer is complete but not entirely correct.
Premier, Incorporated, has an odd dividend policy. The company has just paid a dividend of $ per share and has announced that it
will increase the dividend by $ per share for each of the next four years, and then never pay another dividend. If you require a return
of percent on the company's stock, how much will you pay for a share today?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
Answer is complete but not entirely correct.
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