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  1. business
  2. accounting
  3. a firm expects to pay dividends at the end of each

A firm expects to pay dividends at the end of each of the next four...

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Accounting

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A firm expects to pay dividends at the end of each of the next four years of $2.00, $1.50, $2.50, and $3.50. If growth is then expected to level off at 8 percent, and if you require a 14 percent rate of return, how much should you be willing to pay for this stock

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