Sholve Corp. currently offers annual dividends of $2.39, is expected to offer $2.54 per share...
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Sholve Corp. currently offers annual dividends of $2.39, is expected to offer $2.54 per share in dividends over the bext year, and $2.3 per share in dividends the year after that. At the end of the second year, the stock is expected to sell fir $11.92 per share. Uf your required rate of return is 10%, how much are you willing to pay for the stock today? Round two decimals.
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