Trading company forecasted dividends and the growth rate in


Trading company forecasted dividends and the growth rate in dividends are the follows: current divided D0 $1.00 Growth during the high growth period 20% constatt perpetual growth from period t=2 onward 10% Stockholders required rate of return 15% based on forecsats the intrinsic value of the company is closest to: $20 $24 $26 $30?

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Financial Management: Trading company forecasted dividends and the growth rate in
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