Business, 23.04.2020 04:49, townselt6855

"Southern Foods just paid an annual dividend of $3.10 a share. Management estimates the dividend will increase by 4 percent for one year then 8 percent for two years then 2% forever. The required rate of return is 12 percent. What is the value of this stock today"

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"Southern Foods just paid an annual dividend of $3.10 a share. Management estimates the dividend wil...