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Strauss, Inc., anticipates changing is dividend payout. For the next five years, the dividend will continue to grow at 6.0%. After Year 5, the growth
Strauss, Inc., anticipates changing is dividend payout. For the next five years, the dividend will continue to grow at 6.0%. After Year 5, the growth rate will fall to 1.50% and stay there. Straus just paid an annual dividend of $1.75. The required return on Strauss stock is 10.75%.What is one share worth
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