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Business, 25.11.2021 07:40 kat9940

Sew 'N More just paid an annual dividend of $1.42 per share. The firm plans to pay annual dividends of $1.45, $1.50, and $1.53 over the next 3 years, respectively. After that time, the dividends will be held constant at $1.60 per share. What is this stock worth today at a discount rate of 11.7 percent

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Sew 'N More just paid an annual dividend of $1.42 per share. The firm plans to pay annual dividends...
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