Home / Questions / Battles, Inc. just paid an annual dividend of $2.00 a share. The dividend will increase by
Battles, Inc. just paid an annual dividend of $2.00 a share. The dividend will increase by 20 percent for the next two years and then increase by 2.5 percent annually thereafter. What is the present value of this stock at a discount rate of 9 percent?
$45.42 |
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$42.85 |
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$39.69 |
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$53.65 |
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$30.28 |
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