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The required return on the stock is 20 percent what will

Kuruman Diamond Inc paid a dividend of $0.90 per share. The firm paid a dividend of $1.66 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter dividends will grow at 8 percent per year. The required return on the stock is 20 percent. What will Kuruman diamond's cash dividends be in seven years

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Finance Basics: The required return on the stock is 20 percent what will

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