Business, 23.08.2019 17:10 tashatyron24pejls0

Southern foods just paid an annual dividend of $2.10 a share. management estimates the dividend will increase by 11 percent a year for the next four years. after that, the annual dividend growth rate is estimated at 3.5 percent. the required rate of return is 11 percent. what is the value of this stock today?

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