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Business, 16.04.2020 19:17 ellaemtagedeane

The Shoe Box will not pay a dividend for the next two years. The following two years, it will pay annual dividends of $1 per share. Starting in year 5, the dividends will increase by 4 percent annually. The discount rate is 8 percent. What is the value of this stock today?

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The Shoe Box will not pay a dividend for the next two years. The following two years, it will pay an...
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