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Business, 03.12.2019 05:31 rbalexander25

Saks is expected to pay a dividend in year 1 of $1.80, a dividend in year 2 of $2.12, and a dividend in year 3 of $2.69. after year 3, dividends are expected to grow at the rate of 8% per year. an appropriate required return for the stock is 11%."
what should the stock price be worth after three years?

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Saks is expected to pay a dividend in year 1 of $1.80, a dividend in year 2 of $2.12, and a dividend...
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