Business, 27.12.2020 01:40, rosehayden21

A stock is expected to pay dividends of $1.20 per share in Year 1 and $1.35 per share in Year 2. After that, the dividend is expected to increase by 2.5% annually. What is the current value of the stock at a discount rate of 14.5%

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A stock is expected to pay dividends of $1.20 per share in Year 1 and $1.35 per share in Year 2. Aft...