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XYZ CORP is expected to pay annual dividends of $2 and $2.05 at the end of the next two years, respectively. After that, the company
XYZ CORP is expected to pay annual dividends of $2 and $2.05 at the end of the next two years, respectively. After that, the company expects to pay a constant dividend of $2.15 a share. What is the value of this stock at a required return of 11 percent
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