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Fresno corp is a fast growning company that expects to grow at a rate of percent over the next two years and then to slow to a growth rate of percent for the following three years. If the last dividend paid by the company was $2.15, estimate the dividends for the next five years. Compute the present value of these dividends if the require rate of return is 14 peecent.

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Category:- Basic Finance
Reference No.:- M941244

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