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Question 1 (7 points) Imagine that a software company declared a $1.25 per share annual dividend last week (therefore, DIVO - $1.25). The company's dividends
Question 1 (7 points) Imagine that a software company declared a $1.25 per share annual dividend last week (therefore, DIVO - $1.25). The company's dividends are expected to increase by 3.35 percent annually and will remain at that rate indefinitely (8 - 3.35%). What is one share of this stock worth to you today if your required rate of return is 12.5 percent? Find Po Stock Price Today, Po
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