How much are you willing to pay to buy

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Question - Green announced today that it will begin paying annual dividends. The first dividend will be paid next year in the amount of $.50 a share. The following dividends will be $.65, $.80, and $1.00 a share annually for the following 3 years, respectively. After that, dividends are projected to increase by 3% 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%?

Reference no: EM133251579

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