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In: Finance
Emma Incorporated expects non-normal dividend growth over the next three years; that is a 0% growth...
Emma Incorporated expects non-normal dividend growth over the next three years; that is a 0% growth rate in the first year, then 25%, and then 12% followed by growth of 8% thereafter. If the last dividend paid was $2.50 and the appropriate discount rate is 12%; what is the price of the stock today?
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$67.26 |
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$94.50 |
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$76.64 |
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$74.24 |
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jeff jeffy answered 1 year agoRelated Solutions
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