What is the current value of the stock to you

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Question: Martin's Inc. has paid an annual dividend of $2.50 a share. The dividends are expected to grow at 10% for the next five years. After that, dividends are expected to increase by 3% annually. What is the current value of this stock to you if you require a 9% rate of return on this investment?

Reference no: EM131996191

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