SABIC recently paid a $2 annual dividend. The company is projecting that its dividends will grow by

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SABIC recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter. The required rate of return is 10.5%. Calculate the current price of the stock? (15 Marks)

Posted Date: May 19, 2024 02:03 PM

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SABIC recently paid a $2 annual dividend. The company is projecting that its dividends will grow by

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