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29 December, 00:21

Quality home made ice cream has plans to pay decreasing annual dividends of $1.50, $1.25, and $1.00 over the next three years, respectively. after that, the firm will increase the dividend by 4 percent each year. what is the value of this stock today at a discount rate of 9 percent?

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  1. 29 December, 00:31
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    i think the answer is 5
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