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use financial calculator please Suppose a company's expected dividend pattern for three year is as follows: D1 = $4, D2 = $7, D3 = $9.
use financial calculator please
Suppose a company's expected dividend pattern for three year is as follows: D1 = $4, D2 = $7, D3 = $9. After 3 years, the dividends are expected to growth at a constant rate of 5% a year. What should the current price of the firm's stock be if the required rate of return demanded by investors is 12%Step by Step Solution
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