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Business, 18.05.2021 21:10 rfdgd

Apple paid a dividend of $1.22 a share last week. The company is planning on paying $2.5, $3.7. and $4.4 a share over the next 3 years, respectively. After that, the dividend will be constant at $3 per share per year. What is the market price of this stock if the market rate of return is 11 percent

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Apple paid a dividend of $1.22 a share last week. The company is planning on paying $2.5, $3.7. and...

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