Question 7 4 pts LCP, a newly formed medical group, just paid a dividend of...
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Question 7 4 pts LCP, a newly formed medical group, just paid a dividend of $.50. The dividend is expected to grow at a 20% rate for the next 4 years and at a 3% rate thereafter. What is the value of the stock today if the appropriate discount rate is 12%? $9.92 58.45 $10.42 56.37 $12.92
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