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Category > Business & Finance Posted 15 May 2017 My Price 7.00

CPU Company currently (t = 0)

CPU Company currently (t = 0) pays a dividend of $2.50 per share on its common stock. Dividends are expected to increase at the rate of $.25 per share for the next several years. Determine the current value of CPU's common stock to an investor who expects to be able to sell the stock for $35 per share after 3 years, given that the investor requires a 14% rate of return on this security.

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Status NEW Posted 15 May 2017 06:05 PM My Price 7.00

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