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For the next 4 years, the annual dividends of a stock are expected to be...

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Finance

For the next 4 years, the annual dividends of a stock are expected to be $ 2, 3, 2 and 4 (all cash flows are at the end of year) and the stock price is expected to be 60 at the end of 4 years. If the firm has a 9 percent cost of equity, what should be the value of the stock?

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