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Mathematics, 17.03.2022 09:40 naenae6775

The Merriweather Co. just announced that it will pay a dividend next year of $3.50 and is establishing a policy whereby the dividend will increase by 5% annually thereafter. How much will one share be worth seven years from now if the required rate of return is 10%?

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The Merriweather Co. just announced that it will pay a dividend next year of $3.50 and is establishi...
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