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Business, 04.04.2020 05:08 dawood7068

Catch Up, Inc., is planning on paying an annual dividend of $1.80 per share next year. The company has a policy of increasing the dividend by 3 percent annually. As far as they know, Catch Up will pay dividends for the foreseeable future. What is the current value of this stock at a discount rate of 14 percent

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