IBM just paid an annual dividend of $2.9 per share. The dividend is expected to...

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IBM just paid an annual dividend of $2.9 per share. The dividend is expected to grow by 3% per year. The required rate of return is 12%. - Attempt 2/5 for 4.9 pts- Part 1 What is the best estimate of the stock's value? 1+ decimals Submit Part 2 Attempt 1/5 for 5 pts. What is the best estimate of the stock's value in 5 years

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