Need M.C.Q answer with answer : QUESTION 5 1. Harris company paid a dividend of 1.50 today.
It expects dividend payments to increase by 15% every year for the next three years before resuming a normal growth of 6%. What should you pay for this stock if you demand a 16% rate of return? $21.24 $19.92 $26.65 $24.98 $23.25
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