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Business, 04.04.2020 06:00 owenbarrows

Rey Inc. just paid a dividend of $5. Dividends are expected to grow at 2% for the next two years after which they will grow at 1% indefinitely. The required rate of return for similar stocks is 9%. What is the current value of Rey Inc. stock?

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Rey Inc. just paid a dividend of $5. Dividends are expected to grow at 2% for the next two years aft...
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