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The Bell Weather Co. Is a new firm In a rapidly growing Industry. The company Is planning on Increasing Its annual dividend by 20 percent
The Bell Weather Co. Is a new firm In a rapidly growing Industry. The company Is planning on Increasing Its annual dividend by 20 percent a year for the next 4 years and then decreasing the growth rate to 5 percent per year. The company Just paid Its annual dividend In the amount of $2.00 per share. What is the current value of one share of this stock if the required rate of return Is 7.50 percent
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