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What is the stock worth today at a six discount rate

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Reference no: EM132920966

Problem 1: BC 'n D just paid its annual dividend of $.60 a share. The projected dividends for the next five years are $.30, $.50, $.75, $1.00, and $1.20, respectively. After that time, the dividends will be held constant at $1.40. What is this stock worth today at a 6% discount rate?

Reference no: EM132920966

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