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Variable Dividend Stock is expected to pay dividends of $2, $,2, $,3, $4, and $4 over...

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Finance

Variable Dividend Stock is expected to pay dividends of $2, $,2,$,3, $4, and $4 over the next five years. After that the dividendis expected to grow at a constant rate of 4%. If the return on thestock is 9%, what is the price?

Use formulas and show step by step with calculations.

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Variable Dividend Stock is expected to pay dividends of $2, $,2,$,3, $4, and $4 over the next five years. After that the dividendis expected to grow at a constant rate of 4%. If the return on thestock is 9%, what is the price?Use formulas and show step by step with calculations.

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