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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
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 lie. 3 years from today) the firm will resume its regular dividend payment at $2.25 three years from today which will then grow at a constant rate of 3.8% per year thereafter. Based on these projections and assuming a required rate of return of 5.9%, calculate the fair value for the stock today. $120.69 $104.72 $99.39 $117.14
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