Business, 26.11.2019 06:31 keidyhernandezm
The market place recently announced that it will pay its first annual dividend two years from today. the first dividend will be $0.50 a share with that amount doubling each year for the following two years. after that, the dividend is expected to increase by 4 percent annually. what is the value of this stock today if the required return is 15 percent?
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