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Posted on Sep 03, 2024

Roller Inc. has just paid an annual dividend of $0.87. Analysts expect dividends to grow by 6% per year for the next 7 years, and

Roller Inc. has just paid an annual dividend of $0.87. Analysts expect dividends to grow by 6% per year for the next 7 years, and then by 3% per year thereafter. The company has a required return of 12%.

Attempt 4/10 for 10 pts.

Part 1

What is the value of the stock now?

My answer was 10.6, but that is wrong??

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