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Village East expects to pay an annual dividend of exist1.40 per share next year, and exist168 per share for the following two years. After that

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Village East expects to pay an annual dividend of exist1.40 per share next year, and exist168 per share for the following two years. After that the company plans to increases the dividend by 2.4 percent annually. What is the stock's current value at a discount rate of 13.7 percent? exist14.09 exist17.28 exist15.15 exist16.08 exist18.18

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