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The Bell Weather Company is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 18 percent
The Bell Weather Company is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 18 percent a year for the next 4 years and then decreasing the growth rate to 3 percent per year. The company just paid its annual dividend in the amount of $2.50 per share. What is the current value of one share of this stock if the required rate of return is 8.00 percent? Multiple Choice O #3 3 O $73.39 E D $85.93 $102.35 C $88.43 $99.85 80 F3 4 R F d V % 5 T G B 6 DII F8 K ( 9 V O DD F9 L O . V P F10 I command option ? { 1 F11 + 11 } F12
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