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The Know-It-All Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 20% a year for the next 4 years and then decreasing the growth rate to 5% per year. The company just paid its annual dividend in the amount of $1.00 per share. What will be the price of the one share in year 4 if the required rate of return is 9.25%?

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Category:- Basic Finance
Reference No.:- M91147408

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