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Question 8 4 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $4.77 Discount Rate
Question 8 4 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $4.77 Discount Rate 8.48% Growth rate in dividends 0 to 1 7.83% Growth rate in dividends 1 to 2 8.04% Growth rate in dividends 2 to 3 6.83% Growth rate in dividends 3 onward 4.75%
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