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Suggs Corporation currently pays a 1 dollar dividend. This dividend is expected to grow at a 5 % rate for the next two years and

Suggs Corporation currently pays a 1 dollar dividend. This dividend is expected to grow at a 5 % rate for the next two years and the shares are expected to trade at a 2% yield at the end of this two-year period. If an investor requires a 10 % return on shares, how much should he or she be willing to pay for the stock&

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