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7) Current Attempt in Progress Macaroni Inc. announced that it would pay the...

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Accounting

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Current Attempt in Progress Macaroni Inc. announced that it would pay the following dividends over the next five years: $0.50, $0.75, $1.50, $3, and $4. Afterwards, dividends will decline at a rate of 3% per year indefinitely. What is the firm's current share price if the required rate of return is 13%? $30.33 $19.25 $24.25 $17.73 Save for Later Attempts: 0 of 2 used Submit

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