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Business, 26.11.2019 22:31 jay3676

The bell weather co. is a new firm in a rapidly growing industry. the company is planning on increasing its annual dividend by 19 percent a year for the next 4 years and then decreasing the growth rate to 3 percent per year. the company just paid its annual dividend in the amount of $3.30 per share. what is the current value of one share of this stock if the required rate of return is 8.80 percent?

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