The fish house is expected to pay annual dividends of 123, Financial Management

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The fish house is expected to pay annual dividends of 123

The Fish House is expected to pay annual dividends of $1.23 and $1.25 at the end of the next two years, respectively. After that, the company expects to pay a constant dividend of $1.35 a share. What is the value of this stock at a required return of 16.4 percent? $11.08 $8.23 $8.05 $6.07 $8.55

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Financial Management: The fish house is expected to pay annual dividends of 123

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