Dividends have been growing at a compound annual rate of 6, Financial Management

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Dividends have been growing at a compound annual rate of 6

A company expects to pay dividend of $0.72 next year. Dividends have been growing at a compound annual rate of 6% and are expected to continue growing at that rate forever. What is the value of the company's share to an investor who requires a 14% rate of return?

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Financial Management: Dividends have been growing at a compound annual rate of 6

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Financial Management: Dividends have been growing at a compound annual rate of 6

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