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Question 26 12.5 points) Lifecycle Motorcycle Company is expected to pay a dividend In year 1 of $12.00, a dividend in year 2 of 514
Question 26 12.5 points) Lifecycle Motorcycle Company is expected to pay a dividend In year 1 of $12.00, a dividend in year 2 of 514 50, and a dividend in year 3 of $15.75. After year 3, dividends are expected to grow at the rate of 4.5% per year. An appropriate required return for thestock is 9.5%. Using the multistage DDM, the stock should be worth today. $26143 O $285.77 $257.39 $279.84
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