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suppose the next year a firm will pay $.8/share in quarterly dividends, the year after that they will pay $2.16, and the year after that
suppose the next year a firm will pay $.8/share in quarterly dividends, the year after that they will pay $2.16, and the year after that (year three) they will pay $1.53/share per quarter. Dividends are expected to grow 1.60%/year in definitely from there. The required return is 10.76%. What is one share worth?
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