Question: Points: 1 18 Micky Mouse Inc. plans to not pay any dividends over the next two years and instead reinvest all of its earnings. Beginning

Points: 1 18 Micky Mouse Inc. plans to not pay any

Points: 1 18 Micky Mouse Inc. plans to not pay any dividends over the next two years and instead reinvest all of its earnings. Beginning in year three, the firm will pay a $5.37 per share dividend, which will increase one percent annually thereafter. What should the stock sell for today? Assume a required return of 16%. A $26.61 B $30.86 $35.80 D $41.53 E $48.17

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