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  3. $3 dividends were just paid. the dividend is expec

$3 dividends were just paid. The dividend is expected to grow by 10% per year...

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$3 dividends were just paid. The dividend is expected to grow by 10% per year in the first 2 years. After 2 years, the dividend will grow at 5%. If the market requires a return of 10% on assets of this risk, how much should the stock be selling for? $41 $69 $59 $38 Page 16 ot 25

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