Question: 2 points See Answer Question 9 General Importers announced that it will pay a dividend of $1.00 per share one year from today. After that,
2 points See Answer Question 9 General Importers announced that it will pay a dividend of $1.00 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next 6 years. Then, years from today, the company will begin paying an annual dividend of $1.00 forever. The required return is 9.00 percent. What is the price of the stock today? Moving to another question will save this response Question of 17
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