Winter green decors announced today that it will begin, Ask an Expert

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Winter Green Decors announced today that it will begin paying annual dividends. The first dividend will be paid next year in the amount of $.40 a share. The following dividends will be $.60, $.85, and $1.00 a share annually for the following 3 years, respectively. After that, dividends are projected to increase by 2% per year. How much are you willing to pay to buy one share of this stock today if your desired rate of return is 10%?

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Financial Management, Finance

Category:- Financial Management
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