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Global Logistics just announced it is increasing its annual dividend to $ 1.38 next year...

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Finance

Global Logistics just announced it is increasing its annual dividend to $ 1.38 next year and will increase that dividend by 2.77 percent annually thereafter . How much will one share of this stock be worth ten years from now if the required rate of return is 14.5 percent ? ( Do not round Intermediate calculations and round your answer to 2 decimal places ,

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