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Sew 'N More just paid an annual dividend of $2.84 a share. The firm plans to pay annual dividends of $2.90, $3.00, and $3.06
Sew 'N More just paid an annual dividend of $2.84 a share. The firm plans to pay annual dividends of $2.90, $3.00, and $3.06 over the next 3 years, respectively. After that time, the dividends will be held constant at $3.20 per share. What is this stock worth today at a discount rate of 10.0 percent?
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