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Two Timing Company has paid the following dividends on its common stock for the last 6 years ( including the current year, year 0 )
Two Timing Company has paid the following dividends on its common stock for the last
years including the current year, year :
Year Dividends
$ share
$
$
$
$
$
Because of a weak economy, management expects future growth in dividends to only be at
one twentieth of the average rate over the last years. If investors require a
rate of return, what would be its current price?
in excel please
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