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Problem 7-8 Dividend Discount Model (LO2) Rework Table 74 for horizon years 1, 2, 3, and 10, assuming that investors expect the dividend and the

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Problem 7-8 Dividend Discount Model (LO2) Rework Table 74 for horizon years 1, 2, 3, and 10, assuming that investors expect the dividend and the stock price to increase at only 6% a year and that each investor requires the same 12% expected return current dividends are $4.20. ints What value would Dritter place on the stock and what about Zehnte who has a 10-year horizon? Do not round intermediate calculations. Round your answers to 2 decimal places.) 02174 Skipped PV (Terminal Value per on )(Dividends) Price) Share eBook References 10

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