Question: A stock will pay dividends in years 1, 2, 3 and 4 of $0.25, $0.75, $0.50 and $0.70, respectively. From year 4 onward, dividends will
A stock will pay dividends in years 1, 2, 3 and 4 of $0.25, $0.75, $0.50 and $0.70, respectively. From year 4 onward, dividends will grow at 2% per year. If the discount rate is 10%, what is the stock price today? Question 9 options: $7.68 $2.98 I $17.99 $9.98 e
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