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Solar Companies is preparing to pay annual dividends of $ 2.00 , $ 2.50 , and $ 3.00 a share over the next three years,

Solar Companies is preparing to pay annual dividends of $2.00, $2.50, and $3.00 a share over the next three years, respectively. After that, the annual dividend will be $1.5per share indefinitely. What is this stock worth to you per share if you require a return of 12.5 percent?

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