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  3. the dividends of a share will be increased by 25%

The dividends of a share will be increased by 25% annually for the next two...

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Finance

The dividends of a share will be increased by 25% annually for the next two years and 5% from the 3rd year onwards. The last dividend was 2$. A 12 % ROI is required annually. How much should this share be sold today?

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