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You believe that a corporation will pay a dividend of $4 per share in 1 year and $5 per share in 2 years. After that,
You believe that a corporation will pay a dividend of $4 per share in 1 year and $5 per share in 2 years. After that, the dividends will grow at 5% per year in the future. If the required return is 12%, what should the current price of the stock be
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
