A company paid a dividend of 125share at the end of the


A company paid a dividend of $1.25/share at the end of the year. They plan to increase the dividends by 20% year 1, 15% year 2 and 3% a year after that indefinitely. What are you willing to pay for this stock today if the required return is 18%

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Financial Management: A company paid a dividend of 125share at the end of the
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