What is the present value of the 2026 dividend in today's money (as of 2022)?Additional...
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What is the present value of the 2026 dividend in today's money (as of 2022)?
Additional information:
Big Chunky just paid a $2.10 per share dividend this year. The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock is 10%.
Stocks current value per share = $30.90
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