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QUESTION 1 Depot Supply Co. will pay dividends of $0.80 per share next year. In year 2, year 3, and year 4, dividends will grow

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QUESTION 1 Depot Supply Co. will pay dividends of $0.80 per share next year. In year 2, year 3, and year 4, dividends will grow at a 10% annual rate. In year 5 and following, assume constant growth of 4%. Compute the current intrinsic value of Depot Supply if the required rate of return is 9%. List the cash flows you used to determine the PV of the stock. TT T Arial 3 (12pt) TE

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