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Business, 18.11.2019 20:31 npellot123

Village east expects to pay an annual dividend of $1.40 per share next year, and $1.68 per share for the following two years. after that, the company plans to increase the dividend by 3.4 percent annually. what is this stock's current value at a discount rate of 13.7 percent?
a. $14.09
b. $17.28
c. $15.15
d. $16.08
e. $18.18

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