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Question 4 (6 points) Soft Pillow Co. expects its present $1.40 dividend (just paid) to grow by 20% per year for the next three years,
Question 4 (6 points) Soft Pillow Co. expects its present $1.40 dividend (just paid) to grow by 20% per year for the next three years, after which it will remain the same with no growth, forever. If an investor requires a rate of return of 16 percent for investing in Soft Pillow, what would be its current price
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