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Business, 25.11.2019 21:31 MariaIZweird7578

J. c. penney company is expected to pay a dividend in year 1 of $1.65, a dividend in year 2 of $1.97, and a dividend in year 3 of $2.54. after year 3, dividends are expected to grow at the rate of 8% per year. an appropriate required return for the stock is 11%. the stock should be worth today.

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J. c. penney company is expected to pay a dividend in year 1 of $1.65, a dividend in year 2 of $1.97...
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