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The next four questions will be the parts of the same full question on the...

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Finance

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The next four questions will be the parts of the same full question on the non-constant dividend discount model. Non-constant dividend growth: RGV Cooling Company paid $3.00 per share in common stock dividends last year. The company's policy is to allow its dividend to grow at 10 percent for 3 years and then the rate of growth changes to 4 percent per year from year four and on. The required rate of return is 9 percent. What is its expected dividend three years from today (D3)? O 3.00 0 3.30 O 3.63 O 3.99 4.39 QUESTION 10 Non-constant dividend growth: RGV Cooling Company paid $3.00 per share in common stock dividends last year. The company's policy is to allow its dividend to grow at 10 percent for 3 years and then the rate of growth changes to 4 percent per year from year four and on. The required rate of return is 9 percent. What is its expected dividend four years from today (D4)? O 3.08 0 4.15 4.43 05.19 7.19

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