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Southern Foods just paid an annual dividend of $ 1 a share. Management estimates the dividend will increase by 1 0 percent a year for
Southern Foods just paid an annual dividend of $ a share. Management estimates the dividend will increase by percent a year for the next four years. After that, the annual dividend growth rate is estimated at percent. The required rate of return is percent. What is the value of the stock today?
Calculate dividend payments for the next four years
im unable to calculate the present value
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