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Tough one for me, any help pls. Question 16 2 pts Analysts expect Placer Corp. to pay shareholders $8.25 per share annually for the next
Tough one for me, any help pls.
Question 16 2 pts Analysts expect Placer Corp. to pay shareholders $8.25 per share annually for the next five years. After that, the dividend will be $6.50 annually forever. Given a discount rate of 11.2%, what is the value of the stock as of Year 5 end (i.e. at the beginning of Year 6)? O $66.29 O $72.72 O $64.47 O $58.04Step by Step Solution
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