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You expect Rudder Stock's dividends to grow at 4% per year forever. If the firm just paid a dividend (DO) of $9.44 and investors require
You expect Rudder Stock's dividends to grow at 4% per year forever. If the firm just paid a dividend (DO) of $9.44 and investors require a return of 14.0%, how much is the stock worth today? Round your answer to the nearest penny. You expect Commodore Company's stock to pay its next dividend of $4.52 exactly one year from now. After this first dividend, future dividends will grow at - 2% for each of the subsequent 2 years and then 2% per year every year thereafter. What is Commodore's intrinsic value today? Use a discount rate of 10.1% and round your answer to the nearest penny
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