Question: Question 25 4 pts Over the next three years, Distant Groves will pay annual dividends of $.65, $.70, and $.75 a share, respectively. After that,

Question 25 4 pts Over the next three years, Distant Groves

Question 25 4 pts Over the next three years, Distant Groves will pay annual dividends of $.65, $.70, and $.75 a share, respectively. After that, dividends are projected to increase by 2 percent per year. What is one share of this stock worth today at a required return of 14.5 percent? O $5.86 $5.55 $5.49 $5.94 $5.68

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