A stock is expected to pay dividends of 120 per share in


A stock is expected to pay dividends of $1.20 per share in year 1 and $1.35 per share in year 2. After that, the dividend is expected to increase by 2.5% annually. What is the current value of the stock at a discount rate of 14.5%?

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Financial Management: A stock is expected to pay dividends of 120 per share in
Reference No:- TGS01700154

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