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QUESTION 10 UQBusiness pays a current annual dividend of $2.00 and is currently growing at a rate of 20%. The rate is expected to decline

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QUESTION 10 UQBusiness pays a current annual dividend of $2.00 and is currently growing at a rate of 20%. The rate is expected to decline linearly to 10% over six years and remain at that level indefinitely. The required rate of return for an investment in UQBusiness is 18%. The current estimated value of UQBusiness is closest to: O A. $24.22 O B. $32.50 C. $49.27 D. $35.00 E. $26.78

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