Question 2 (3 points) Listen Pirates Inc. just paid a $1.75 dividend. Their expected dividends are...
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Question 2 (3 points) Listen Pirates Inc. just paid a $1.75 dividend. Their expected dividends are $1.50 in year 1, $3.50 in year 2, and $5.25 in year 3. After this, dividends are expected to grow at constant rate of 1% per year. If the required return for this stock is 10%, how much should the stock sell for today? Your Answer: Answer Question 2 (3 points) Listen Pirates Inc. just paid a $1.75 dividend. Their expected dividends are $1.50 in year 1, $3.50 in year 2, and $5.25 in year 3. After this, dividends are expected to grow at constant rate of 1% per year. If the required return for this stock is 10%, how much should the stock sell for today? Your Answer: Answer
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