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38 Suppose a stock has just paid a $5 per share dividend. The dividend is...

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38 Suppose a stock has just paid a $5 per share dividend. The dividend is projected to grow at 10% for the next two years, the 8% for one year, and then 6% indefinitely. The required return is 12%. What is the stock's value? (2.5 im) $87.74 $100.95 $96.55 $92.15 44 MM corporation is a young start-up company. No dividends will be paid on the stock over the next nine years. The company will pay a dividend of $4.50 per share in year 10 and will increase the dividend by 5 percent per year thereafter. If the required return on this stock is 15 percent, what is the current share price? * (2.5 im) $13.86 $12.79 O $11.68 O $11.79 G

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