Question: Table 7.1 Year 2019 2018 2017 2016 2015 2014 Dividends($) 2.89 2.53 2.22 1.95 1.71 1.50 18) Xiao Xin owns stock in a company which

Table 7.1 Year 2019 2018 2017 2016 2015 2014 Dividends($) 2.89

Table 7.1 Year 2019 2018 2017 2016 2015 2014 Dividends($) 2.89 2.53 2.22 1.95 1.71 1.50 18) Xiao Xin owns stock in a company which has paid the annual dividends shown in Table 7.1. Calculate the growth rate of these dividends. 19) The required return is 17 percent. Using the Gordon model, calculate the per share value of the stock for 2020. See Table 7.1)

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