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Business, 10.12.2020 16:50 stina2021

LB Corp. has been growing at a rate of 11% per year in recent years. This same growth rate is expected to last indefinitely. The dividend just paid (D0) was $9.03 and the required rate of return is 14%. What is the value in year 4 of the dividend paid in that year?

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LB Corp. has been growing at a rate of 11% per year in recent years. This same growth rate is expect...
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