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Business, 04.01.2020 01:31 eila3601

Kl airlines paid an annual dividend of $1.18 a share last month. the company is planning on paying $1.50, $1.75, and $1.80 a share over the next 3 years, respectively. after that, the dividend will be constant at $1.50 per share per year. what is the market price of this stock if the market rate of return is 10.5 percent?

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