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April 25, 2015

Homework Help: finance

Posted by Daniel on Wednesday, October 17, 2012 at 9:24pm.

a company paid dividend of $7 per share and has announced that it will increase the dividend by $4 per share each of the next 4 years and then never pay another dividend again. the required rate of return is 11 percent on the company's stock. How much will you pay today?

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