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Future Dividend Stream Assignment | Homework for You

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June 11th, 2020
Peterson Packaging Inc. does not currently pay dividends. The company will start with a $0.50 dividend at the end of year three and grow it by 9% for each of the next six years. After six years of growth, it will fix its dividend at $0.92 forever. If you want a 14% return on this stock, what should you pay today given this future dividend stream?Get Finance homework help todayHomework For You

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