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Question 9 3 pts A company has announced the growth rate of its dividend going forward will be 2% annually forever. The dividend in year
Question 9 3 pts A company has announced the growth rate of its dividend going forward will be 2% annually forever. The dividend in year 5 will be $3.00. The discount rate on the stock is 8%. What will the dividend be in year 14? 6.00 37.5 3.59 3.66 60.95 59.75 Question 10 3 pts A company has announced the growth rate of its dividend going forward will be 2% annually forever. The dividend in year 5 will be $3.00. The discount rate on the stock is 10%. What will the stock price be in year 20? 51.48 56.71 33.33 52.51 67.29 22.97
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