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ubcab Heaven just paid a dividend of D0 = $1.15. Analysts expect the company's dividend to grow by 25% this year, by 15% in Year
ubcab Heaven just paid a dividend of D0 = $1.15. Analysts expect the company's dividend to grow by 25% this year, by 15% in Year 2, and at a constant rate of 4% in Year 3 and thereafter. The required return on this low-risk stock is 8.50%. What is the best estimate of the stock's current market value? Group of answer choices $25.61 $31.44 $27.93 $40.02 $35.18
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