What is this stock worth today

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Question - CEPS Groups just paid an annual dividend of OMR 5.25 a share. The firm plans to increase the annual dividend by 2 percent over the next 3 years. After that time, the dividend will be held constant at OMR 6.5 per share. What is this stock worth today at a 12 percent discount rate?

Reference no: EM132550260

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