Nuclear Inc. just paid a $ 3 . 0 0 dividend. Dividends are expected to grow by

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Question:

Nuclear Inc. just paid a $

3.00

dividend. Dividends are expected to grow by

25 %

in year

1,

30 %

in year

2,

and by

24 %

in year

3 .

After this, dividends are expected to grow at constant rate of

2 %

per year. If the required return for this stock is

8 %,

how much should the stock sell for today?

Posted Date: May 18, 2024 03:11 PM

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Nuclear Inc. just paid a $ 3 . 0 0 dividend. Dividends are expected to grow by

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