A company's share just paid a dividend of $1.40. You expect the dividends to grow...
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A company's share just paid a dividend of $1.40. You expect the dividends to grow by 20% for the next two years and then settle down to a constant 3.1% growth. If the required return on the share is 1196, what is your estimate of the fair value (price) of the share? O a $28.00 O b. $26.81 O c. $24.54 d. $30.35 Clear my choice
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