Question: 5 ) Diwan Logisties announced its next annual dividend will be 5 . 4 0 per share. The following dividends will be S . 6

5) Diwan Logisties announced its next annual dividend will be 5.40 per share. The following dividends will be S.60, and $.75 per share annually for the following two years, respeltively. Afier that, dividends are projected to increase by 3.5 percent per year. How much is one share of this stock worth at a rate of return of 12 percent?

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