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Business, 16.10.2019 05:00 patriciahonsakpa6u5f

Kay's sewing loft is going to reduce its annual dividend by 10 percent a year for the next two years. after that, it will maintain a constant dividend of $2 a share. last year, the company paid an annual dividend of $3 per share. what is the market value of this stock if the required return is 13.7 percent? group of answer choices

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Kay's sewing loft is going to reduce its annual dividend by 10 percent a year for the next two years...
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