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Business, 27.10.2021 22:20 elizabethhubbe

Yue Integrated Circuits, Inc. common stock currently pays a $1.50 annual dividend (D0). You expect Yue dividends to grow at a 10% annual rate for the next two years, and a 5% constant rate thereafter (after year two). Assume investors expect a 12% rate of return on Yue common stock. What is the price (value) forecast of the common stock at the end of year 2

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Yue Integrated Circuits, Inc. common stock currently pays a $1.50 annual dividend (D0). You expect Y...
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