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Your company is estimated to make dividends payments of $2.9 next year, $3 the year after, and $4.2 in the year after that. The dividends
Your company is estimated to make dividends payments of $2.9 next year, $3 the year after, and $4.2 in the year after that. The dividends will then grow at a constant rate of 3% per year. If the discount rate is 14% then what is the current stock price? (Enter the answer in dollar format without $ sign or thousands comma 3519.23 and not $3,519.23 or 3,519.23) Question 2 1pts A stock will pay no dividends for the next 5 years. Then it will pay a dividend of $7 growing at 5%. The discount rate is 9%. What should be the current stock price? (Enter the answer in dollar format without $ sign or thousands comma >3519.23 and not $3,519.23 or 3,519.23)
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