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Solve through calculator. Not Excel In exactly one year, Tiger Inc stock will pay its next dividend of $5.79. For the two subsequent years, dividends
Solve through calculator. Not Excel
In exactly one year, Tiger Inc stock will pay its next dividend of $5.79. For the two subsequent years, dividends will grow at -4% and then 4% per year every year thereafter. If investors require a return of of 9.2%, what is a fair price for Tiger stock today? Round your answer to the nearest penny. Type your answer Previous Step by Step Solution
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