A firm that just paid a dividend of Rs.2.60. It plans to increase dividends by...
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A firm that just paid a dividend of Rs.2.60. It plans to increase dividends by 20% in year one, 14% in year two, 10% in year three, 9% in year four, and then 8% per year thereafter. You feel that a 16% required return is appropriate. What is this stock worth to you now?
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