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A company will pay 2 per share dividend in 1 year the

A company will pay $2 per share dividend in 1 year. The dividend in 2 years will be $4 per share and it is expected that dividends grow at 5% per year thereafter. The expected rate of return on the stick in1%. What is the current price of the stock? (Hint: Calculate P0 and P2)

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Financial Management: A company will pay 2 per share dividend in 1 year the

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Financial Management: A company will pay 2 per share dividend in 1 year the

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