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Question 10 10 pts After a successful and profitable merger, XYZ Corp has announced it will pay a special dividend of $5.00 in each of

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Question 10 10 pts After a successful and profitable merger, XYZ Corp has announced it will pay a special dividend of $5.00 in each of the next two years. After that (i.e. 3 years from today) the firm will resume its regular dividend payment at $2.50 three years from today which will then grow at a constant rate of 3.5% per year thereafter. Based on these projections and assuming a required rate of return of 11.6%, calculate the fair value for the stock today. $33.28 $43.03 O $30.70 $40.86 Previous

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