The seneca maintenance company currently that is as of year, Ask an Expert

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The Seneca Maintenance Company currently (that is, as of year 0) pays a common stock dividend of $2.00 per share. Dividends are expected to grow at a rate of 11 percent per year for the next 4 years and then to continue growing thereafter at a rate of 4 percent per year. What is the current value of a share of Seneca common stock to an investor who requires a 16 percent rate of return?

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Financial Management, Finance

Category:- Financial Management
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