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Business, 06.07.2019 20:10 khikhi1705
Global tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth rate to 2.5 percent per year. the company just paid its annual dividend in the amount of $.20 per share. what is the current value of one share of this stock if the required rate of return is 17.4 percent?
$1.82
$218
$2.03
$2.71
$3.05
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Global tek plans on increasing its annual dividend by 15 percent a year for the next four years and...
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