Question: A stock is expected to pay its first $1.5 dividend in 2 yearsfrom now (t=2). The dividend is expected to be paid annuallyforever and grow

A stock is expected to pay its first $1.5 dividend in 2 yearsfrom now (t=2). The dividend is expected to be paid annuallyforever and grow by -1% pa (note the negative sign). The discountrate is 6% 1 answer

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