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Business, 20.11.2019 17:31 khaekhae10

Lifecycle motorcycle company is expected to pay a dividend in year 1 of $2, a dividend in year 2 of $3, and a dividend in year 3 of $4. after year 3, dividends are expected to grow at the rate of 7% per year. an appropriate required return for the stock is 12%. using the multistage ddm, the stock should be worth today.

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