Question: PLEASE EXPLAIN WITH FORMULA ) 31.5 C) 27.16 D) 28.46 11) Long Life Floors just paid an annual dividend of s0.82 a share and plans

 PLEASE EXPLAIN WITH FORMULA ) 31.5 C) 27.16 D) 28.46 11) PLEASE EXPLAIN WITH FORMULA

) 31.5 C) 27.16 D) 28.46 11) Long Life Floors just paid an annual dividend of s0.82 a share and plans on increasing future dividends by 2 percent annually. The discount rate is 15 percent. What will the value of this stock be 5 years from today? B) 7.25 C) 7.10 D) 7.37 A) 6.96

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