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What is the current value of stock

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Problem: Blossom Corp will pay dividends of $5.00, $6.25, 4.75 and $3.00 in the next four years. They expect the dividend growth rate to be constant at 7 percent. The required rate of return is 15.50 percent what is the current value of stock? Can you please deliver the authentic solution of this problem.

Reference no: EM132417990

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