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Problem 9 - 1 4 Nonconstant Dividends McCabe Corporation is expected to pay the following dividends over the next four years: $ 1 4 ,
Problem Nonconstant Dividends
McCabe Corporation is expected to pay the following dividends over the next four years:
$$$ and $ Afterward, the company pledges to maintain a constant
percent growth rate in dividends forever. If the required return on the stock is percent,
what is the current share price? Do not round intermediate calculations and round
your answer to decimal places, eg Please explain using Texas Instrument Plus calculator
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