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Question 3 pusu General Importers announced that it will pay a dividend of $2.00 per share one year from today After that the company expects a slowdown in its business and will not pay a dividend for the ne years. Then 8 years from today, the company will begin paying an annual dividind of $1.00 forever. The required return is 9.00 percent What is the price of the stock today? 1 points Question 3 General Importers announced that it will pay a dividend of $2.00 per share one year from today After that, the company expects a slowdown in its business and will not pay a dividend for the net years. Then, 8 years from today, the company will begin paying an annual dividend of $1.00 forever. The required return is 9.00 percent What is the price of the stock today? A Moving to another question will save this response. Question 3 of 17 Remaining Time: 45 minutes, 46 seconds. Question Completion Status: 683 16 17 Moving to another question will save this response. Question 3 of 17 Question 3 2 points General Importers announced that it will pay a dividend of $2.00 per share one year from today. After that the company expects a slowdown in its business and will not pay a dividend for the next years. Then 8 years from today, the company will begin paying an annual dividend of $1.00 forever. The required return is 9.00 percent. What is the price of the stock today? Questun 3 of 17 Moving to another question will save this response