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  3. a. homer co. just paid a $1.20 dividend. the compa

A. Homer Co. just paid a $1.20 dividend. The company expects dividends to grow at...

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Accounting

A. Homer Co. just paid a $1.20 dividend. The company expects dividends to grow at 40% for each of the next 3 years before settling into a constant 10% growth rate in year 4 and beyond. If you require 14.6% return from the company, what price should you pay for the company's stock today? (5 Points) Thr

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