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Question A2 Davison Group has just paid an annual dividend of $4. This dividend is expected to grow at 5 percent a year for the
Question A2 Davison Group has just paid an annual dividend of $4. This dividend is expected to grow at 5 percent a year for the next two years. Starting from year 3, the company is expected to pay a fixed dividend of $3 a year forever. What is the current share price assuming a required return of 15 percent
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