The next dividend for the upper growth company will be 050, Financial Management

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The next dividend for the upper growth company will be 050

The next dividend for the Upper Growth Company will be $0.50 per share. Investors require a 14% return on companies such as Upper. Upper’s dividend increases by 5% every year. Based on the dividend growth model, what is the value of Upper’s shares today?

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Financial Management: The next dividend for the upper growth company will be 050

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