A stock is expected to pay dividends in 5 periods. The first dividend will be $3.70 and subsequent dividends are foreca

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answerhappygod
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A stock is expected to pay dividends in 5 periods. The first dividend will be $3.70 and subsequent dividends are foreca

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A stock is expected to pay dividends in 5 periods. Thefirst dividend will be $3.70 and subsequent dividends areforecasted to stay constant for the foreseeable future. Ifthe required return on the stock is 12.5%, what is its currentvalue?
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