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The Aell Weather Co, is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 21 percent
The Aell Weather Co, is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 21 percent a year for the next 4 years and then decreaseng the growht tate to 5 percent per yeat. The company pust poid lis annual dividend in the amount of $2.80 per share. What is the current valiue of one share of this stock if the required rate of return is 8.30 percent? Multiple Choice $190.97 $193.77 $138.82 $153.71 $156.51
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