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Business, 06.05.2021 19:50 MIa2020

ART Company just paid a dividend of $2.00. The dividend is expected to grow by 10% this year, 9% in year two and 6% in year three. Then, beginning in year four, the dividend will begin growing at a constant rate of 4%. With a required return of 12%, what is the stock worth today? Group of answer choices

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ART Company just paid a dividend of $2.00. The dividend is expected to grow by 10% this year, 9% in...
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