Question: Analysts expect Placer Corp. to pay shareholders $3.25 per share annually for the next five years. After that, the dividend will be $5.50 annually forever.

Analysts expect Placer Corp. to pay shareholders $3.25 per share annually

Analysts expect Placer Corp. to pay shareholders $3.25 per share annually for the next five years. After that, the dividend will be $5.50 annually forever. Given a discount rate of 11.2%, what is the value of the stock today? $40.83 $52.36 $44.08 $49.11

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