A stock will pay dividends of 1 3 and 4 over the next three


A stock will pay dividends of $1, $3, and $4 over the next three years, and then increase dividends at a rate of 10% afterwards. Its required rate of return is 20%. What is the value of the stock? Round to the penny. Please show work.

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Financial Management: A stock will pay dividends of 1 3 and 4 over the next three
Reference No:- TGS01163058

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