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The appropriate discount rate is 10%. D1=$D2=$D3=$ nearest cont $ round intermediate calculations. Round your answer to the nearest cent. $ $ e. Use equation

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The appropriate discount rate is 10%. D1=$D2=$D3=$ nearest cont $ round intermediate calculations. Round your answer to the nearest cent. $ $ e. Use equation below to calculate the present value of this stock. P0=rsgD0(1+g)=rSgD1 Assume that g=5% and that it is constant. Do not round intermediate calculations. Round your answer to the nearest cent. $ I. Yes. The value of the stock is dependent upon the holding period due to the fact that the value is determined as the present value of all future expected dividends. II. No. The value of the stock is not dependent upon the holding period unless the growth rate remains constant for the foreseeable future. III. Yes. The value of the stock is dependent upon the holding period as long as the growth rate remains constant for the foreseeable future. the same value of P0. different value of P0

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