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Business, 25.02.2021 19:20 lilakatedancer
Global Tek is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 16 percent a year for the next four years and then the growth slows down to a rate of 3.5 percent per year indefinitely. The company just paid its annual dividend in the amount of $0.20 per share. What is the current value of one share of this stock if the required rate of return is 15.5%?
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Global Tek is a new firm in a rapidly growing industry. The company is planning on increasing its an...
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