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Business, 08.11.2019 01:31 adrielalvarez267

Distant groves announced today that it will begin paying annual dividends next year. dividends for the first three years will be $.15, $.20, and $.25 a share, respectively. after that, dividends are projected to increase by 4 percent per year. what is one share of this stock worth today at a required return of 8.5 percent?

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