Question: The next dividend for the Malcom Computers Company (MCC) will be $4 per share. Investors require a 16% return on companies such as MCC. MCC's
The next dividend for the Malcom Computers Company (MCC) will be $4 per share. Investors require a 16% return on companies such as MCC. MCC's dividend increases by 6% every year. Based on these pieces of information compute the value of MCC's share in four years?
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