Question: 7) Current Attempt in Progress Macaroni Inc. announced that it would pay the following dividends over the next five years: $0.50, $0.75, $1.50, $3, and

7) 7) Current Attempt in Progress Macaroni Inc. announced that it would pay

Current Attempt in Progress Macaroni Inc. announced that it would pay the following dividends over the next five years: $0.50, $0.75, $1.50, $3, and $4. Afterwards, dividends will decline at a rate of 3% per year indefinitely. What is the firm's current share price if the required rate of return is 13%? $30.33 $19.25 $24.25 $17.73 Save for Later Attempts: 0 of 2 used Submit

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