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Business, 26.11.2019 23:31 Malari4445

Galloway, inc., just paid a dividend of $3 per share and has announced that it will increase its dividend by $1 per share for each of the next 4 years, and then never pay another dividend. what is the current per share value at a required return of 12.7 percent?

(a) $20.08
(b) $21.15
(c) $16.02
(d) $18.60
(e) $17.33

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