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Question 1 Not yet answered Marked out of 10 p Flag question Bershey Inc. presently pays no dividend. You anticipate Bershey Inc. will pay an
Question 1 Not yet answered Marked out of 10 p Flag question Bershey Inc. presently pays no dividend. You anticipate Bershey Inc. will pay an annual dividend of $0.89 per share five years from today and you expect dividends to grow by 3% per year thereafter. If Bershey Inc.'s equity cost of capital is 10%, then the value of a share of Bershey Inc. today is: Select one: a. $8.68 b. $12.71 C. $7.90 O d. $11.56
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