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4. The D.I.V. Company currently pays a dividend of $1.05 per share. If dividends are expected to grow at a rate of 5% per yea
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Answer #1

Value of stock =Expected dividend/(required rate-growth rate)

Value of stock =(1.05*1.05)/(10%-5%)

Value of stock =22

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4. The D.I.V. Company currently pays a dividend of $1.05 per share. If dividends are expected...
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