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Business, 22.04.2020 04:32 hwest98

Paid an annual dividend of $1.47 a share last month. The company is planning on paying $1.55, $1.63, and $1.65 a share over the next three years, respectively. After that, the dividend will be constant at $1.70 per share per year. What is the market price of this stock if the market rate of return is 11 percent

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Paid an annual dividend of $1.47 a share last month. The company is planning on paying $1.55, $1.63,...
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