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Star light and power increases its dividend 3.8 percent per year every year. This utility is valued using a discount rate of 9 percent and
Star light and power increases its dividend 3.8 percent per year every year. This utility is valued using a discount rate of 9 percent and the stock currently sells for 38.00/per share If you buy a share today and hold it for at least 3 years what do you expect the value of your dividend check to be in 3 years from today? I need a verbal explanation not just the answer. We have to explain it in words
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