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SunSet Corporation is a new company. Its dividends are expected to decline at a rate of 12% in the next two (2) years and then
SunSet Corporation is a new company. Its dividends are expected to decline at a rate of 12% in the next two (2) years and then grow at 12% thereafter. SunSet Corporation's last dividend paid was RM 0.85 per share and its required rate of return is 16%. Find the value of company's stock after five (5) years. Select one: a. 20.12 b. 23.12 c. 20.50 d. 24.19
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