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Jias Fashions recently paid a $2 annual dividend The company is projecting that its dividends will grow by 20 percent next year 12 percent annually for the two years after that and then at

Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter. Based on this information, how much should Jia's Fashions common stock sell for today if her required return is 10.5%? which answer is it.

   

$54.90

   

$60.80

   

$59.16

   

$69.30

 

May 06 2020 View more View Less

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