What is this stock worth to you per share if you demand

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Can't Hold Me Back, Inc. is preparing to pay its first dividends. It is going to pay $1.00, $2.50, and $5.00 a share over the next three years, respectively.

After that, the company has stated that the annual dividend will be $1.25 per share indefinitely.

What is this stock worth to you per share if you demand a 6% rate of return?

Reference no: EM131913162

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