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Business, 15.04.2020 02:29 shamim5364

Dunkin Foods just paid an annual dividend of $2.00 a share. Management estimates the dividend will increase by 20 percent a year for the next 4 years. After that, the annual dividend growth rate is estimated at 5 percent. The required rate of return is 15 percent. What is the value of this stock today

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Dunkin Foods just paid an annual dividend of $2.00 a share. Management estimates the dividend will i...
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