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stocks To value the stock of XYZ Inc., we have the following estimates for the dividend payout of this company. XYZ will pay $5 one
stocks
To value the stock of XYZ Inc., we have the following estimates for the dividend payout of this company. XYZ will pay $5 one year from today, $6 two years from today, $7 three years from today, and $8 four years from today. After that, the dividend grows at 3% forever. What is the price of ABC 's stock today using a required rate of return as 10% Step by Step Solution
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