Business, 02.11.2020 17:20 nicoleyakuta

A company paid an annual dividend of $.40 a share last month and plans to increase the dividend by 7 percent a year for the next 6 years and then increase it by 4 percent annually thereafter. What is the value of this stock at the end of Year 6 if the discount rate is 11 percent

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A company paid an annual dividend of $.40 a share last month and plans to increase the dividend by 7...

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