What is the present value of the annual dividend that is


A stock has a price of 75.66 dollars and an expected annual return of 10.54 percent. The stock is expected to pay a constant dividend forever with the next annual dividend expected in 1 year. What is the present value of the annual dividend that is expected to be paid in 3 years from today?

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Financial Management: What is the present value of the annual dividend that is
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