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The current dividend of Best Food Org. is $2.31 and is expected to grow at 11.00% for seven years. After the first seven years,
The current dividend of Best Food Org. is $2.31 and is expected to grow at 11.00% for seven years. After the first seven years, the growth rate of the dividends expects to grow at a constant 4.71% into the future. If the cost of equity is 8.6%, what is the number or value that you need to use in CF7 in Excel or Financial Calculator when discounting the cash flow? $135 $121.10 $133.89 $116.30
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Cornerstones of Managerial Accounting
Authors: Mowen, Hansen, Heitger
3rd Edition
324660138, 978-0324660135
