What is the current value of a share if the appropriate, Financial Management

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What is the current value of a share if the appropriate

Doctors-On-Call, a newly formed medical group, just paid a dividend of $.50 a share. The dividends are expected to increase by 20 percent a year for the next two years and then increase by 3 percent annually thereafter. What is the current value of a share if the appropriate discount rate is 12 percent?

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Financial Management: What is the current value of a share if the appropriate

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