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Business, 01.12.2021 02:40 laneey3760

Macro Systems just paid an annual dividend of $0.32 per share. Its dividend is expected to double for the next four years (D1 through D4), after which it will grow at a more modest pace of 1% per year. If the required return is 13%, what is the current price?

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Macro Systems just paid an annual dividend of $0.32 per share. Its dividend is expected to double fo...

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