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Question 23 4 pts Emerald Inc. has paid a dividend of $2.2 a share last year. Yesterday, the firm announced that the dividend will increase

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Question 23 4 pts Emerald Inc. has paid a dividend of $2.2 a share last year. Yesterday, the firm announced that the dividend will increase by 10 percent each year for the next three years, after which time the dividends will increase by 3 percent annually. The required return on this stock is 13 percent. What is the current value per share? $33.09 @ $27.16 $30.16 O $25.76

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