Market capitalization rate

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Dolphin Killers Brand Tuna has a market capitalization rate of 10% and plans to make annual dividend payments for the next three years of $1.50, $1.60, and $1.70, with the first dividend to be paid one year from today. After that, the dividends should grow at an annual rate of 6%. What should Dolphin Killers' stock be worth today?

Reference no: EM131068870

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