If the investors required rate of return for super tech


Dividend payments by Super Technology are expected to be $1.50 and $1.60 per share in the next 2 years. Thereafter the dividends should grow about 6 percent per year. If the investors' required rate of return for Super Tech stock is 15 percet, what is the stock's share value?

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Financial Management: If the investors required rate of return for super tech
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